controlling stake

The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...

IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top trave...

Samsung Electronics Co. has joined the race to buy Johnson Controls International’s heating, ventilation and air conditioning (HVAC) assets wo...

South Korea’s leading electric vehicle battery materials producer EcoPro Group is expanding its investment in Indonesia for stable procurement...

South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...

LG Electronics Inc. will roll out its new flagship soundbar system — powered by AI and 15-channel sound — in North America later this mo...

BMW, already one of the top two best-selling imported car sellers in South Korea, has beaten the world’s No. 1 EV seller Tesla Inc. in the cou...

South Korea’s food giant Daesang Corp. has retracted its bid to acquire a controlling stake in China’s leading food additives maker Heil...

The National Pension Service (NPS) will veto the appointment of the chairman and vice chairman of Hyosung Corp. as inside board members of the de fa...

EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal ...

Key shareholders of South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, have decided to halt the process of...

Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...

South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, has put the company’s 25% stake plus control prem...

LG Electronics Inc., the leading global home appliance maker, on Friday said it is set to showcase new products for bathrooms for the first time, ma...

HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, said on Thursday it has launched an aut...

South Korea announced on Wednesday that Colosseum Corporation Inc., an artificial intelligence-powered logistics services provider, has become the f...

South Korea will halt shipments of nearly 700 additional items, including rechargeable batteries, heavy equipment and cars with 2,000 and larger-lit...

Hyundai Motor Co. will take over its auto parts and components-producing sibling Hyundai Mobis Co.'s fuel cell business, accelerating the South Kore...

Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...

SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., sold a stake in Peru LNG Co. LLC f...

Aptiv PLC, a US autonomous driving technology company, has decided to reduce a significant portion of its stake in Motional, a self-driving tec...

South Korea’s information and communications technology (ICT) major SK Telecom Co. has developed a new technology jointly with US tech giant I...

LG Electronics Inc. said on Friday it will unveil a cloud platform for business-to-business (B2B) customers of commercial displays at Integrated Sys...

South Korea, which imposes some of the highest inheritance and gift taxes on businesspeople among the Organization for Economic Cooperation and Deve...

South Korean shipping and logistics company Hyundai Glovis Co. announced on Monday that it has signed a share subscription agreement (SSA) related t...

LG Electronics Inc. on Thursday announced that it released 2024 LG Whisen Objet Collection Tower air conditioner, which features an artificial intel...

South Korea’s major camera module maker LG Innotek Co. has joined hands with AOE Optronics Co., an automotive lens-making subsidiary of Taiwan...

South Korea’s top automaker Hyundai Motor Group will launch an advanced vehicle platform (AVP) research and development division, combining it...

South Korea’s snack and confectionery maker Orion Group has agreed to buy a controlling stake in LegoChem Biosciences Inc., a Korean biotech s...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, saw the amount of listed local shares it owns rise...