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Scope
Date
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Beauty & Cosmetics
Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US
Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...
Jun 20, 2023 (Gmt+09:00)
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Capital raising
HYBE in talks to raise $380 million to reach beyond K-pop: Bloomberg
HYBE Co., the South Korean entertainment powerhouse behind BTS, is said to be seeking to finance about 500 billion won ($380 million) to bring more ...
Jun 02, 2023 (Gmt+09:00)
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Corporate governance
SK Ecoplant seeks to establish eco holding firm, sell 40% stake to PEFs
SK Ecoplant Co. is seeking to establish an interim holding firm for its waste management subsidiaries and sell its stake to private equity firms as ...
May 30, 2023 (Gmt+09:00)
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Private equity
MBK co-founder meets with Korean CIOs to finance 6th buyout fund
Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...
May 26, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life in final talks to buy Kakao Pay Insurance
South Korea’s third-largest life insurer Kyobo Life Insurance Co. is in the final stages of talks to buy Kakao Pay Insurance Corp., an online ...
May 09, 2023 (Gmt+09:00)
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Business & Politics
S.Korean gov't proposes nuclear power plant cooperation to Hungary
South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...
May 08, 2023 (Gmt+09:00)
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Earnings
SK Innovation’s battery sales at record high, production yield improved
SK Innovation Co. said on Thursday its battery affiliate SK On Co. posted record quarterly sales following a facility ramp-up in the US to meet risi...
May 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LG Chem in talks with Glenwood to sell off diagnostics unit
LG Chem Ltd. is slated for exclusive talks with Seoul-based Glenwood Private Equity to sell off its in vitro diagnostics business, according to biop...
May 03, 2023 (Gmt+09:00)
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Energy
NuScale in talks to build SMR plant in S.Korea: NuScale CEO
NuScale Power Corp., the world’s leading small modular reactor (SMR) developer, may land in South Korea sooner than its rivals with its unriva...
May 01, 2023 (Gmt+09:00)
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Energy
KHNP closes in on final deal to build nuclear plant in Poland: PGE CEO
Korea Hydro and Nuclear Power Co. (KHNP) and its counterparts are now in a situation where most conditions have been met to allow them to sign a bin...
Apr 24, 2023 (Gmt+09:00)
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Travel & Leisure
Korea Tourism Organization to host K-Tourist Festival in Japan
The Korea Tourism Organization announced on Thursday that it will hold a "K-Tourism Festival" on Apr. 21-22 in Hiroshima and Fukuoka, the key market...
Apr 20, 2023 (Gmt+09:00)
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Batteries
POSCO Group plans talks with former US diplomat
Former US Deputy Secretary of State Stephen Biegun will hold talks with Chairman Choi Jeong-woo of South Korea’s POSCO Group.They will discuss...
Apr 10, 2023 (Gmt+09:00)
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Automobiles
Ferrari, Stellantis head Elkann to visit Samsung for biz talks
John Elkann, chairman of both Italian luxury sports car manufacturer Ferrari S.p.A. and Dutch-domiciled multinational automaker Stellantis N.V., is ...
Apr 06, 2023 (Gmt+09:00)
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Bio & Pharma
LG Chem mulls shuttering in-vitro diagnostics business
LG Chem Ltd. is considering an exit from the in-vitro diagnostics market to focus more on novel drug development as it lagged its smaller local riva...
Mar 13, 2023 (Gmt+09:00)
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Energy
KHNP, Westinghouse in talks to resolve Poland reactor dispute
Korea Hydro & Nuclear Power Co. (KHNP) and Westinghouse Electric Co. are in negotiations to settle their dispute over reactor design licensing, ...
Feb 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Dongwon Industries in talks to buy McDonald’s Korea as exclusive suitor
Dongwon Industries Co. will discuss a deal with McDonald’s Corp. to buy the latter’s Korean operations in hopes of riding on the renewed...
Feb 06, 2023 (Gmt+09:00)
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Batteries
LG Energy to raise capex by 50% in bet on strong EV growth
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...
Jan 27, 2023 (Gmt+09:00)
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Batteries
Ford in talks with LG Energy for Turkey EV battery plant
Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...
Jan 10, 2023 (Gmt+09:00)
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Energy
Seoul in talks to share nuclear plant export profits with Westinghouse
Korea Hydro & Nuclear Power Co. and its parent company Korea Electric Power Corp. are in discussion with Westinghouse Electric Corp. to share pr...
Jan 09, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
Samsung, Harman unveil in-vehicle driver alert system
When a driver feels drowsy and his eyelids start slipping, a red light flickers on his dashboard with a warning sound.That’s the key feature o...
Jan 06, 2023 (Gmt+09:00)
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Automobiles
LG Group's received orders for auto parts close to $393 billion
South Korea’s electronics-to-battery conglomerate LG Group expects its received orders for auto components to reach over 500 trillion won ($...
Dec 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK to buy Medit at lower price than Carlyle-GS bid
MBK Partners, a leading Asian private equity firm, is set to buy Medit Corp. at a lower price than a bid from the US PE giant The Carlyle Group-led ...
Nov 29, 2022 (Gmt+09:00)
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Batteries
Hyundai, SK to build $1.9 bn EV battery plant in US
Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...
Nov 25, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics in CDO deal talks with global pharma firm
FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...
Nov 07, 2022 (Gmt+09:00)
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Batteries
SK On may secure money for capex from parent company
SK On Co., the world’s fifth-largest electric battery maker, may receive money for capacity expansion from its parent company SK Innovation Co...
Nov 04, 2022 (Gmt+09:00)
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Markets
Gaonchips rally on market talk of Samsung's investment in ARM
Shares in South Korea’s semiconductor chip design house Gaonchips Co. extended their rally for a second day on Friday on growing market talk t...
Sep 23, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK’s talks to buy S.Korean education platform falter
MBK Partners’ talks to buy a controlling stake in South Korea’s MegaStudyEdu Co. have collapsed, the company said on Friday, a deal esti...
Sep 02, 2022 (Gmt+09:00)
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Business & Politics
Washington, Seoul to hold formal talks on US EV tax credit act
WASHINGTON D.C. – South Korea and the United States have agreed to launch formal negotiations over ways to address the negative impacts of the...
Aug 31, 2022 (Gmt+09:00)
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Private equity
SK taps Korean PE for $1.5 bn after Carlyle's Lee quit
SK On Co. has turned to domestic private equity firms to raise up to 2 trillion won ($1.5 billion) after talks with four big global funds have dried...
Aug 19, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Kakao ends talks with MBK to sell mobility app stake
South Korea's Kakao Corp. has terminated talks with MBK Partners to sell a stake in Kakao Mobility Corp., the country’s No. 1 taxi-hailing app...
Aug 18, 2022 (Gmt+09:00)
Latest News
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