Shinhan Financial Group block deal
Scope
Date
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Mergers & Acquisitions
Aekyung Industrial up for sale as group struggles to ease liquidity crunch
South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to s...
Apr 01, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. acquires SK Specialty for $1.8 billion
Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...
Apr 01, 2025 (Gmt+09:00)
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Pension funds
CPPIB invests in Seoul office building for rental housing conversion
The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women...
Mar 26, 2025 (Gmt+09:00)
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Batteries
LG Energy bags 1-GWh ESS battery deal from Poland’s PGE
LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal ex...
Mar 26, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor to invest $21 billion in US amid tariff concerns
South Korean auto behemoth Hyundai Motor Group will invest $21 billion to expand its manufacturing in the US, which could provide Hyundai and its ho...
Mar 25, 2025 (Gmt+09:00)
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Airlines
Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace
Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co. and GE Aerospace for...
Mar 23, 2025 (Gmt+09:00)
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Real estate
Shinhan REITs picked as sole bidder for BNK Digital Tower
Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...
Mar 21, 2025 (Gmt+09:00)
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Banking & Finance
Hana Financial CEO set for reappointment with foreign investor backing
More than half of the foreign shareholders in Hana Financial Group have thrown their support behind Chief Executive Ham Young-joo for a second term,...
Mar 20, 2025 (Gmt+09:00)
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Batteries
SK On to supply 100 GWh of EV batteries to Nissan
SK On Co. has landed a deal to supply nearly 100 gigawatt hours (GWh) of electric vehicle batteries to Japanese carmaker Nissan Motor Co., which cou...
Mar 20, 2025 (Gmt+09:00)
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Corporate strategy
Hankook Tire seeks to evolve beyond tires, auto parts
Hankook & Company Co., the holding company of Hankook Tire & Technology Co., will ramp up battery production for energy storage systems and ...
Mar 19, 2025 (Gmt+09:00)
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Pension funds
Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals
South Korea’s National Pension Service (NPS) said on Monday it will not participate in investments related to hostile mergers and acquisitions...
Mar 18, 2025 (Gmt+09:00)
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Real estate
IGIS puts office tower, 2 nearby hotels on market in bundled sale
Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...
Mar 18, 2025 (Gmt+09:00)
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Corporate strategy
LG Group units step up joint marketing for in-vehicle electronics
Chief executives of LG Group’s key units, including LG Electronics Inc., will visit the headquarters of global carmakers for a series of close...
Mar 18, 2025 (Gmt+09:00)
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Pension funds
NPS to buy stake in Australia’s Metrics to expand alternative investments
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has agreed to buy a stake in Australian asset mana...
Mar 17, 2025 (Gmt+09:00)
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Banking & Finance
Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...
Mar 16, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Winia cancels acquisition deal with Seoul Private Equity
Winia Co., a South Korean home appliance manufacturer under court-led restructuring, has terminated its conditional acquisition agreement with Seoul...
Mar 14, 2025 (Gmt+09:00)
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Real estate
BNK's planned acquisition of Hyundai Motor Securities building falters
BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...
Mar 14, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’s Hanwha Ocean sends USNS Wally Schirra back to theater after MRO
A 210-meter, 40,000-ton US Navy vessel, heavily corroded and weathered from years of service, was pulled into Hanwha Ocean Co.'s shipyard in Ge...
Mar 14, 2025 (Gmt+09:00)
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Energy
Doosan Enerbility wins $1.5 bn in orders from Saudi Arabia
Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 b...
Mar 13, 2025 (Gmt+09:00)
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Real estate
Global real estate market poised for strong rebound: Savills
The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...
Mar 12, 2025 (Gmt+09:00)
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Executive reshuffles
Naver to name new CFO as incumbent financial manager's term nears end
South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...
Mar 12, 2025 (Gmt+09:00)
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Private equity
South Korea emerges as private equity firms’ global hub
New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that ...
Mar 11, 2025 (Gmt+09:00)
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Upcoming IPOs
Hanwha Energy begins IPO process, key to 3rd-generation shift
Hanwha Energy Corp., wholly owned by Hanwha Group Chairman Kim Seung-youn’s three sons, has embarked on the process of going public – a ...
Mar 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy eyes $5.5 bn FLNG ship deals as Trump sanctions China
GEOJE, South Gyeongsang – At a huge shipyard operated by Samsung Heavy Industries Co. on Geoje, an island in South Gyeongsang province some 39...
Mar 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to invest $206 mn to develop SMR ship
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), an intermediary shipbuilding holding company of HD Hyundai Co., will invest up to 30...
Mar 10, 2025 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners poised to acquire CJ Cheiljedang’s $3.5 billion bio business
North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher bid than other conten...
Mar 06, 2025 (Gmt+09:00)
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Real estate
Kumho Petrochemical's Seoul headquarters put on market
IGIS Asset Management Co., has put Kumho Petrochemical Group’s headquarters building, Signature Tower in central Seoul, up for sale – a ...
Mar 06, 2025 (Gmt+09:00)
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Energy
Doosan Enerbility bags $200 mn Qatar power plant EPC deal
Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...
Mar 05, 2025 (Gmt+09:00)
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Alternative investments
Korea Investment & Securities explores new products with global firms
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Inc., is exploring new global investment products tailored for Sout...
Mar 04, 2025 (Gmt+09:00)
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Electronics
LG Group chair visits India ahead of LG Electronics Indian IPO
LG Group Chairman Koo Kwang-mo visited LG Electronics Inc.'s factory and research center in India in late February as it plans to list its Indian ar...
Mar 04, 2025 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand