stake divestiture

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

STX Corp., a South Korean general trading company, has secured lithium, a key material for secondary batteries, and obtained a stake in a lithium mi...

Mirae Asset Group founder and Chairman Park Hyeon-joo will donate a 25% stake in Mirae Asset Consulting Co., the firm at the top of the financial se...

Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured additional funds of ...

The South Korean government is seeking to sell a 4.71 trillion won ($3.6 billion) stake in gaming giant NXC Corp. via private placement as the autho...

South Korea’s Taeyoung Group, saddled with 5.6 trillion won ($4.4 billion) in debt and loans it has guaranteed, filed for a debt workout progr...

Naver Corp. is set to go up against global major private equity firms such as EQT Partners AB and Goldman Sachs Private Equity Group to acquire a So...

Viva Republica Inc., the operator of South Korea’s fintech platform Toss, has revived plans to go public after pushing back its stock market d...

South Korean Kakao Pay Corp.'s takeover deal of US-based Siebert Financial Corp. has failed amid the growing legal risks surrounding top executives ...

South Korea’s AsungHMP Co. has bought a 34.2% stake in Asungdaiso Corp., which operates the country’s top dollar store chain Daiso, from...

Toho Co. has acquired a 25% stake in Fifth Season for $225 million, a move expected to be a win for not only the money-losing US-based producer-dist...

Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the South Korean company an...

STX Corp., a South Korean general trading company, announced on Friday that it has signed a stock purchase agreement to acquire a 20% stake in the b...

SK Group, South Korea's No. 2 conglomerate, gave up its online retail platform 11Street Co. as financial investors are now able to sell off their st...

South Korea’s video game team T1 led by local hero and professional player Lee “Faker” Sang-hyeok won the 2023 League of Legends W...

Kakao Mobility Corp., a ride-hailing service unit of South Korean tech giant Kakao Corp., is planning to acquire FreeNow, a European taxi platform o...

Samsung Electronics Co., the world’s largest memory chipmaker, has divested a 0.3% stake in Dutch chip equipment manufacturer ASML Holdings N....

LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT...

South Korea’s leading game developer Netmarble Corp. said on Tuesday it sold a 6% stake in HYBE Co., the music label behind K-pop sensation ...

The South Korean government is planning to sell off a 29.3% stake in Tokyo-listed game giant Nexon Co.’s holding firm NXC Corp. via a public b...

South Korean trading firm SK Networks Co. announced on Monday it has completed a 28-billion-won ($20.7 million) investment in the domestic pet care ...

Global private equity giant KKR & Co. Inc. is expected to take over Taeyoung Industry Corp., a cash cow of South Korea’s medium-sized busi...

South Korean memory chip giant SK Hynix Inc. is rumored to be frowning on the integration of Japan’s Kioxia Holdings Corp. with US-based Weste...

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...

SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...

South Korean chemical material company SKC Ltd. is selling its unit for raw materials of polyurethane (PU), a chemical substance.The company’s...

South Korea's Hyundai Capital announced on Wednesday it will acquire the Indonesian finance firm PT Paramitra Multifinance to enter the local market...

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...

South Korea's KakaoBank Corp. announced on Tuesday its decision to invest in Indonesia's digital banking entity PT Super Bank Indonesia.This move ...

South Korea’s Lotte Chemical Corp. has sold its entire stakes in joint ventures with Chinese partners as the Korean company faces a supply glu...