corporate spin-off

OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...

A total of 103 companies, a mere 0.01% of the total number of corporations in South Korea, are paying more than 40% of the country’s total cor...

SK Geo Centric Co., a South Korean petrochemical company, said on Tuesday it has secured 475 billion won ($363 million) in sustainability-linked loa...

South Korea's information and communications technology (ICT) corporation LG CNS, which seeks an initial public offering (IPO), has set a company re...

South Korea's fifth-richest man Kwon Hyuk-bin and his wife Lee Hwa-jin appear to be headed for divorce, according to industry insiders on Monday.&nb...

South Korea’s top mobile carrier SK Telecom Co. is aiming to quadruple its corporate value, currently around 11 trillion won ($7.9 billion), b...

South Korean conglomerates in recent years have ramped up their investment in startups, yielding positive returns. Hyundai Motor Co. Vice Pre...

KT&G Corp., the world’s fifth-largest tobacco maker, has appointed South Korea’s top-tier law firm Kim & Chang to take action ag...

In a first for a Korean brokerage, KB Securities has led all major performance categories this year and could achieve the domestic sector's first "q...

South Korea’s Kurly Inc. has changed the name of its grocery delivery service platform Market Kurly to Kurly as part of its corporate strategy...

Korea's seafood giant Dongwon Industries on Wednesday said its completed merger with Dongwon Enterprise has given their parent Dongwon Group a new h...

A Singaporean private equity firm has proposed a number of measures to KT&G Corp., the world’s fifth-largest tobacco maker, including a sp...

South Korean corporate bond issuance in September hit a monthly low this year on souring investor sentiment due to interest rate hikes.Corporate bon...

Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...

South Korea’s cloud service provider NHN Cloud Corp. is eyeing 1.1 trillion won ($776 million) corporate value via a new stock issuance, marki...

South Korea’s Aju Group is set to split its parent company into a construction material firm and an investment corporation to enhance its prof...

The tanking South Korean won currency has stoked doubts over the fundamentals of Asia’s fourth-largest economy, although the government contin...

DB HiTek Co. has pulled the plug on the possible spinoff of its fabless division, named the brand business department. The decision comes on the bac...

South Korean companies are rushing to set up their own venture capital units, so-called corporate venture capital firms, to seek new growth engines ...

LG Uplus Corp., the third-largest mobile carrier in South Korea, is slated to increase its corporate value to 12 trillion won ($8.6 billion) by 2027...

The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressured by higher-than-e...

With just three days before the world-renowned Frieze Art Fair launches its inaugural event in Seoul, corporate sponsors are duking it out to outs...

South Korea’s Halla Group is changing its corporate name to HL Group as the construction-to-auto parts conglomerate celebrates the 60th annive...

South Korea's largest cloud computing service provider LG CNS Co. on Tuesday reported double-digit growth in both profit and revenue in the second q...

Samsung Group, South Korea’s largest conglomerate, is expected to accelerate the restructuring of its corporate governance to help Vice Chairm...

South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts and modules into sep...

South Korea's large business groups led a sharp increase in bank lending in July, driving the corporate bank loan growth to a record high, central b...

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

Korea Investment Corporation (KIC) is set to appoint Lee Hoon, the senior managing director and head of the investment strategy & innovation d...