strategic alliance

Shinsegae Group and Naver Corp. have jointly devised their first retail business model in about four months after their long-term business agreement...

Elon Musk’s SpaceX and Korea Aerospace Industries (KAI) have joined hands to develop next-generation mid-sized satellite projectiles, suggesti...

South Korea has taken a major step forward in building the hydrogen economy by forming an extensive green ammonia alliance involving 13 private firm...

Hyundai Motor Co. has added another new model under its standalone luxury brand Genesis, only two days after launching Electrified G80 in South Kore...

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...

Hyundai Motor Co. is set to invest $100 million in US-based electric vehicle battery startup SolidEnergy Systems (SES) to obtain next-generation tec...

A consortium led by South Korea’s GS Group is in talks to acquire a controlling stake in Hugel Inc., the country’s top maker of botulinu...

HYBE Co., the global entertainment powerhouse behind BTS, has successfully closed its previously announced rights offering to raise 445.5 billion wo...

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

South Korea’s major conglomerates SK Group and Lotte Group have joined hands to strengthen their foothold in the fast-growing hydrogen sector....

Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...

HYBE Co. and Ithaca Holdings, the two entertainment powerhouses that recently joined hands to create the mega music label that will house BTS, Arian...

The National Pension Service has made an investment in BC Partners by acquiring a stake in the UK private equity firm through a Blackstone fund, acc...

South Korea’s internet giant Naver Corp. plans to enter into a strategic partnership with Big Hit Entertainment Co., the label behind K-pop se...

Asiana Airlines Inc., up for a merger with bigger crosstown rival Korean Air Lines Co., is expected to drop out of Star Alliance, a global airline all...

The National Pension Service has formed a strategic alliance with Dutch pension fund manager APG, through which they recently made co-investments in A...

Back in 2018, KKR & Co. tentatively agreed to buy a minority stake in South Korea’s Shinhan Financial Group to build a strategic relationshi...

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...

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...

The Carlyle Group has been left as the sole bidder for the South Korean operations of McDonald’s, after a local dairy which had teamed up with the U.S...