stx spin-off

Slush, one of the world’s largest startup events, is set to hold a spin-off meeting in South Korea this year.Slush is a startup and tech event...

Hanwha Corp. is revving up to acquire STX Heavy Industries, which provides parts and technical support for marine engines, shipbuilding equipment, a...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...

KT&G Corp., the world’s fifth-largest tobacco maker, has appointed South Korea’s top-tier law firm Kim & Chang to take action ag...

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 Korea’s Aju Group is set to split its parent company into a construction material firm and an investment corporation to enhance its prof...

DB HiTek Co. has pulled the plug on the possible spinoff of its fabless division, named the brand business department. The decision comes on the bac...

South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts and modules into sep...

Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve management efficiency and...

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...

The world’s second-largest electric-vehicle battery maker, LG Chem-owned LG Energy, is hoping a separate listing will give the ...

South Korea’s corporate sector has seen record deals through mergers and acquisitions, tie-ups and spin-offs this year, as big companies and s...

South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority sta...

Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile carrier's non-telecom ...

SK Group will undergo a major governance reform with significant empowerment of the board of directors in making key management decisions. The group...

The blurring of industry boundaries and increasing new opportunities in the pandemic era are driving major Korean companies to split businesses into...

South Korea’s largest mobile carrier SK Telecom Co. is moving forward with its spin-off plan announced in April. SK Telecom held a board meeti...

Shareholders of LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, on Friday gave the nod to the company's p...

Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. have urged shareholders of LG Corp. to vote against the South...

US-based hedge fund Whitebox Advisors LLC plans to vote against the proposed spin-off of South Korea’s LG Corp. at the upcoming general meetin...

South Korea-based power plant builder Doosan Group is planning to spin off its profitable forklift business into construction equipment affiliate Do...

Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...

South Korea’s largest mobile carrier SK Telecom Co. is looking to raise up to 300 billion won ($271 million) ahead of rolling out its new mobi...

LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...

South Korea’s two largest airliners, Korean Air Lines Co. and Asiana Airlines Inc., may combine their airplane repair and maintenance businesses...

The National Pension Service, the No. 2 shareholder in South Korea's LG Chem Ltd., has sold off around 300 billion won ($265 million) worth of shares ...

LG Chem Ltd. shareholders have approved the South Korean chemical maker’s plan to hive off its battery business, paving the way for the standalo...

South Korea’s National Pension Service (NPS) has decided to vote against LG Chem Ltd.’s plan to split off its battery business at a shareh...

LG Chem Ltd.’s plan to spin off its promising battery business has won support from the world’s top proxy adviser Institutional Shareholde...