divestment

Centroid Investment Partners, a Seoul-based private equity firm, has selected JPMorgan and Jefferies as lead managers for the sale of TaylorMade Gol...

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...

South Korea’s No. 2 conglomerate SK Group said on Thursday that its investment arm SK Square Co., led by new CEO Han Myung-jin, will ramp ...

Hyundai Motor Group has become the top shareholder of South Korea’s leading mobile carrier KT Corp., after the country’s National Pensio...

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

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...

H&Q Korea Partners and Hong Kong-based Aeneas Private Equity have put South Korea’s e-commerce platform 11Street Co. up for sale to recoup...

South Korea’s Celltrion Inc. will divest of a portfolio of Takeda Pharmaceutical's prescription medicines sold in Asia to CBC Group, a Singapo...

South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...

Mirae Asset Securities Co. is seeking to sell off its Seoul-based office building, the value of which is estimated at around 300 billion won ($223.7...

South Korean food giant CJ CheilJedang Corp. said Tuesday it will sell its full ownership in Brazilian soybean crusher CJ Selecta S.A., or a 66% sta...

SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...

South Korean cosmetics powerhouse Amorepacific Group Inc. is giving signs of changing its succession plans as Suh Min-jung, Chairman Suh Kyung-bae&r...

South Korean food giant CJ CheilJedang Corp. announced on Monday that it has completely sold its ownership stake in its Chinese food subsidiary, Jix...

National Pension Service (NPS) of South Korea increased investments in local machinery, shipbuilding and semiconductor stocks in the second quarter ...

HYBE Co., the largest shareholder of SM Entertainment Co., said on Friday it has accepted Kakao Corp.’s tender offer to sell its shares in the...

South Korean companies are rushing to raise cash from the beginning of the new year amid growing concerns over a global economic downturn and market...

Hyundai Home Shopping Network Corp., a TV shopping channel operator owned by South Korea's Hyundai Department Store Group, said on Dec. 26 it will s...

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 investment firm SK Square Co. has sold all of its shares in Korean biotech NanoEntek Inc., a 28.4% stake, for 58 billion won ($44.3 mil...

MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...

New York-based Morgan Stanley Private Equity is slated to sell its entire stake in Jeonju Paper Corp., South Korea's top newsprint producer, and its...

Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, earned an 11.3% return from investment last y...

Coupang Inc.'s second-largest shareholder Geenox Capital sold about 1.6 trillion won ($1.4 billion) worth of shares in the South Korean e-commerce p...

The National Pension Service (NPS) has achieved an average 9.65% return on investments as of the end of August, driven by overseas equity divestment...

Leading private equity firms, including Bain Capital, KKR & Co. and MBK Partners, appeared to have turned to an exit mode in South Korea this ye...

Affinity Equity Partners, a global private equity firm, and its financial partners have exited from their investment in Hyundai Card Co. by selling ...

South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...

Last month, South Korea's third-largest conglomerate SK Group agreed to sell its 21-year-old baseball club SK Wyverns to the country’s leading...

SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to...