capital market deals
Scope
Date
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Automobiles
Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off
South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...
Mar 10, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Palantir chiefs discuss AI shipyard, defense technology
Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...
Mar 09, 2025 (Gmt+09:00)
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Real estate
Korea’s IGIS Asset puts top Seoul tourist area hotel on market
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is set to sell a four-star hotel in Myeong-dong, a popular spot for f...
Mar 07, 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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Korean chipmakers
SK Hynix to exit image sensor market to focus on AI chips
SK Hynix Inc. will shutter its image sensor business as the South Korean memory giant doubles down on the development of premium artificial intellig...
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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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)
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Energy
Hyosung to double transformer output to conquer US market
MEMPHIS, Tenn. -- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual...
Mar 03, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Gaming company NXC looks to unload stroller maker Stokke
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700...
Mar 03, 2025 (Gmt+09:00)
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Bio & Pharma
Chong Kun Dang to build new plant for foray into biologics market
Chong Kun Dang Pharmaceutical Corp. is discussing building a research center and a plant in Siheung, about 30 kilometers southwest of Seoul, with th...
Feb 27, 2025 (Gmt+09:00)
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Machinery
Hyundai Rotem inks $1.5 bn Morocco train supply deal
South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...
Feb 26, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CHA Biotech seeks to resume healthcare unit IPO after affiliates’ merger
CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, plans to resume an initial public offering of CHA Healthcare Co., a m...
Feb 26, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Hanwha Ocean to jointly bid for high-stakes warship deals
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...
Feb 26, 2025 (Gmt+09:00)
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Stocks
Meritz leaps to No. 2 financial holding firm in South Korea
Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...
Feb 25, 2025 (Gmt+09:00)
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Alternative investments
KIC explores Europe middle-market private equity opportunities
The Korea Investment Corporation (KIC) on Monday explored investment opportunities in Europe’s middle-market private equity sector with other ...
Feb 25, 2025 (Gmt+09:00)
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Bio & Pharma
Korean court rules in favor of Samsung Bioepis over Regeneron’s Eylea
A South Korean court on Friday ruled in favor of Samsung Bioepis Co. in a patent dispute against Regeneron Pharmaceuticals Inc., a US pharmaceutical...
Feb 21, 2025 (Gmt+09:00)
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Corporate bonds
S.Korea’s corporate bond market cools amid poor earnings
Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...
Feb 21, 2025 (Gmt+09:00)
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Earnings
Meritz cheers record profit in 2024, boasts top 3 market cap
Meritz Financial Group Inc. has reported its best-ever net profit for last year thanks to handsome gains from investments by its insurance and secur...
Feb 20, 2025 (Gmt+09:00)
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Electronics
LG Innotek ventures into automotive AP module market
LG Innotek Co., a major South Korean electronics parts developer, has forayed into the automotive application processor (AP) module market, poised f...
Feb 19, 2025 (Gmt+09:00)
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Real estate
Beauty giant CJ Olive Young to buy Seoul office building for $472 mn
CJ Olive Young Corp., South Korea’s top beauty store chain, has been given priority rights to buy an office building in Seoul for about 680 bi...
Feb 19, 2025 (Gmt+09:00)
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Korean chipmakers
TSMC’s potential deal with Intel keeps Samsung on edge
South Korea’s semiconductor industry is closely watching developments in talks between TSMC and Intel Corp. over the world’s largest con...
Feb 18, 2025 (Gmt+09:00)
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Private equity
Bain Capital acquires control of Mohegan's Korean resort
Private equity firm Bain Capital has acquired control of Mohegan Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in ...
Feb 18, 2025 (Gmt+09:00)
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Economy
S.Korea’s default risk dips below pre-martial law levels
South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...
Feb 17, 2025 (Gmt+09:00)
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Corporate bonds
LG companies flock to debt, equity markets to raise $2.8 billion
Companies under South Korea’s fourth-largest conglomerate LG Group scrambled to sell shares and bonds to raise 4 trillion won ($2.8 billion) e...
Feb 14, 2025 (Gmt+09:00)
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Sovereign bonds
Foreigners return to Korean debt market; Korea on course to join WGBI
Foreigners scooped up South Korean government bonds in January despite the country’s ongoing political upheavals, betting big on the country&r...
Feb 13, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Hanwha to tap into $242 billion US Navy warship market
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bi...
Feb 12, 2025 (Gmt+09:00)
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Real estate
GIC at forefront of $413-mn deal to buy hotels from South Korea’s DL Group
Singapore sovereign wealth fund GIC Pte. has been given priority rights to buy three hotels valued at more than 600 billion won ($413 million) toget...
Feb 12, 2025 (Gmt+09:00)
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IPOs
South Korean IPO market headed into winter after pitiful LG CNS debut
Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...
Feb 11, 2025 (Gmt+09:00)
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Corporate strategy
Hanwha Aerospace ups stake in Hanwha Ocean in $900 mn block deal
Hanwha Aerospace Co. will acquire an additional 1.3 trillion won ($900 million) worth of shares in Hanwha Ocean Co. from its sister companies throug...
Feb 11, 2025 (Gmt+09:00)
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