kimchi buyers
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Mergers & Acquisitions
Strategic buyers line up for IMM-led $1.3 bn Hanssem deal
LX Hausys Ltd., South Korea's leading building materials maker, on Monday announced a plan to join Seoul-based IMM Private Equity in acquiring a con...
Sep 06, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Namyang Dairy-Hahn & Co. saga enters new chapter: Legal fight
Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik on Wednesday notified Hahn & Co. of the termination of the 310.7 billion ...
Sep 01, 2021 (Gmt+09:00)
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Korean startups
Real Packing envisions borderless e-commerce ecosystem via videos
South Korea-based startup Real Packing is on a mission to build a trust-based society via its fact-checking video system.Launched in 2016, Real Pack...
Sep 01, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Citibank Korea’s retail banking exit faces stumbling block
The sale of Citibank Korea’s consumer banking business has hit a stumbling block as the South Korean unit of Citigroup Inc. postponed its boar...
Aug 24, 2021 (Gmt+09:00)
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Private equity
Heirless, baby boomer SME owners in search of buyers
The son of a South Korean manufacturing company's owner, with a Ph.D degree in engineering, has refused to take over his father's business and inste...
Aug 04, 2021 (Gmt+09:00)
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Private equity
Mid-sized Korean groups pave way for PEFs' stalled exits
Hoban Group, started as a small residential rental company in Gwangju in 1989, has now emerged as a major player in South Korea's M&A market, in...
Aug 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co’s $270 mn deal to buy Namyang Dairy at risk of collapse
South Korean private equity (PE) firm Hahn & Co.’s deal to acquire Namyang Dairy Products is at risk of collapse as the owner and his fami...
Jul 30, 2021 (Gmt+09:00)
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Food & Beverage
CJ Bibigo challenges kimchi leadership in Korea
CJ Cheiljedang Corp. may overtake Daesang Corp.’s leadership in Korea’s packaged kimchi market for the first time in history. According ...
Jul 26, 2021 (Gmt+09:00)
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Entertainment
Samsung Galaxy boosts YouTube Music’s market share in Korea
YouTube is quickly growing in South Korea’s music market, the world’s sixth-largest. The number of YouTube Music’s monthly active ...
Jul 21, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KDB seeks to sell $2.3 bn CBs in HMM to lay groundwork for stake sale
The state-run Korea Development Bank (KDB) is seeking to sell 2.6 trillion won ($2.3 billion) in perpetual convertible bonds issued by HMM Co., th...
Jul 19, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK Innovation turns to PEFs to sell stake in SK Global
South Korea's SK Innovation Co. is tapping private equity firms to sell up to a 49% stake in SK Global Chemical Co. after the chemical raw materials...
Jul 07, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Sale of Citibank Korea gains traction; preferred buyer may emerge in July
The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...
Jun 29, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SBW emerges as sole bidder for Eastar Jet acquisition
Korea’s fashion company Ssangbangwool Inc. (SBW) was the only participant in the Eastar Jet Co. sellout bidding held at the Seoul Bankruptcy C...
Jun 14, 2021 (Gmt+09:00)
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Food & Beverage
Korea’s F&B exports to surpass $4.5 billion in 2021
South Korea’s food and beverage (F&B) exports set a new record in 2020 and are projected to rise even higher this year. According to Korea...
Jun 14, 2021 (Gmt+09:00)
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Automobiles
Hyundai tops Korean institutions' May buying list
Hyundai Motor became the key beneficiary of South Korean institutional investors' heavy buying on the local bourse this month as the global chip sho...
May 31, 2021 (Gmt+09:00)
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Cryptocurrencies
Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium
Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...
Apr 13, 2021 (Gmt+09:00)
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Real estate
Korea's global real estate fund investors brace for losses
The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...
Mar 25, 2021 (Gmt+09:00)
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Mergers & Acquisitions
IMM PE to shortlist buyers for Taihan Electric Wire
South Korea-based IMM Private Equity is set to announce shortlisted candidates for the sale of Taihan Electric Wire Co. next week. The deal has dr...
Feb 07, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Orchestra PE seeks to sell Majesty Golf for around $275 mn
South Korea-based Orchestra Private Equity has placed Majesty Golf Co., a premium golf equipment maker and distributor, on the market. Industry wa...
Dec 17, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Heavy endures to be likely buyer of Doosan Infracore
Hyundai Heavy Industries Holdings Co., the world's largest shipbuilder, is one step closer to acquiring a 36.07% controlling stake in Doosan Infracore...
Nov 24, 2020 (Gmt+09:00)
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Real Estate
Hana Financial named preferred buyer of $700 mn Seattle office tower: report
A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...
Sep 18, 2020 (Gmt+09:00)
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Doosan Group
Doosan Heavy seeks new buyer for construction arm after deal falls through
Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...
Sep 08, 2020 (Gmt+09:00)
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Private equity
PEFs zoom in on Korean drama producer as strategic buyers pull back
A pre-IPO share sale by South Korean TV drama producer JTBC Studios Co. Ltd. has attracted Bain Capital Credit, TPG Capital and a few Korean private e...
Aug 27, 2020 (Gmt+09:00)
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M&A
Insurance giant AXA seeks buyers for a 100% stake in Korean AXA General
AXA, a French multinational insurance group, is keen to sell a 100% stake in its South Korean operation, AXA General Insurance Co., according to indus...
Aug 19, 2020 (Gmt+09:00)
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Sale of Korean game firm cancelled in lack of strategic buyers
The planned sale of the parent company of South Korea’s biggest online gaming firm Nexon Co. Ltd., was abruptly cancelled after it failed to narrow th...
Jun 26, 2019 (Gmt+09:00)
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NH Investment named as preferred buyer of Seoul Square in $873 mn deal
NH Investment & Securities Co. Ltd. was chosen as the preferred buyer for a landmark Seoul office building, according to the South Korean brokerag...
Sep 13, 2018 (Gmt+09:00)
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HNA sells US property to Samsung, tapping Korean buyers for US asset: report
HNA Group has sold a Minneapolis office tower to Samsung SRA Asset Management Co. Ltd. for $320 million and is now tapping South Korean institutional ...
Jun 12, 2018 (Gmt+09:00)
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Korea PEF picked as preferred buyer of Outback Steakhouse Korea
South Korea’s private equity firm SkyLake Investment, which won an about $220 million mandate from the National Pension Service (NPS) this week, has b...
Jun 30, 2016 (Gmt+09:00)
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Blackstone picked as preferred buyer of S.Korea’s $400 mln office building – report
Blackstone has been chosen as the preferred bidder of a prime office building in downtown Seoul, in a deal estimated to fetch 460 billion~480 billion ...
Jun 15, 2016 (Gmt+09:00)
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Mergers & Acquisitions
KDB seeks to sell $2.3 bn CBs in HMM to lay groundwork for stake sale
The state-run Korea Development Bank (KDB) is seeking to sell 2.6 trillion won ($2.3 billion) in perpetual convertible bonds issued by HMM Co., the co...
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