Deals

Real estate
IGIS taps Samjong KPMG, Cushman & Wakefiel, NAI for sale of AP Tower
IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman & Wakefield Korea and NAI Korea as sale advisors for the landmark AP Tower building and two adjacent
Apr 11, 2025 (Gmt+09:00)
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Mergers & Acquisitions
SK Group in talks with Hahn & Co. to sell SK Siltron
SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s so...
Apr 08, 2025 (Gmt+09:00)
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Mergers & Acquisitions
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefie...
Apr 07, 2025 (Gmt+09:00)
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Mergers & Acquisitions
KFC’s Korean operations up for sale
Orchestra Private Equity has begun the process of divesting the South Korean operations of fast-food chain KFC, which has seen earnings growth since ...
Apr 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Aekyung Industrial up for sale as group struggles to ease liquidity crunch
South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to sh...
Apr 01, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. acquires SK Specialty for $1.8 billion
Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produce...
Apr 01, 2025 (Gmt+09:00)
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Korean games
Krafton buys India’s Nautilus Mobile, fueling IP race in Korean game scene
Krafton Inc., one of South Korea’s top four market-cap gaming firms, has taken over Indian game developer Nautilus Mobile for $14 million, uppi...
Mar 30, 2025 (Gmt+09:00)
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Travel & Leisure
SoftBank-backed Yanolja raises stake in Modetour as No. 2 shareholder
South Korea’s top travel and accommodation booking platform operator Yanolja Co. has increased its stake in travel agency Modetour Network Inc....
Mar 27, 2025 (Gmt+09:00)
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Private equity
MBK Special Situations relinquishes Korean investment advisory license
MBK Partners Special Situations (MBKP SS), which operates the Seoul-based private equity firm’s credit situations funds, has voluntarily relinq...
Mar 21, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Daol PE buys Youngil Glass to ride Korean cosmetics boom
Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) dea...
Mar 20, 2025 (Gmt+09:00)
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Mergers & Acquisitions
JPMorgan, Jefferies picked to manage TaylorMade Golf sale
Centroid Investment Partners, a Seoul-based private equity firm, has selected JPMorgan and Jefferies as lead managers for the sale of TaylorMade Golf...
Mar 19, 2025 (Gmt+09:00)
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Private equity
Red flags raised even before Homeplus crisis: Sales fall, credit ratings cut
Even before South Korea’s second-largest hypermarket chain Homeplus Co. was put under court receivership due to its worsening financial woes, t...
Mar 18, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Winia cancels acquisition deal with Seoul Private Equity
Winia Co., a South Korean home appliance manufacturer under court-led restructuring, has terminated its conditional acquisition agreement with Seoul ...
Mar 14, 2025 (Gmt+09:00)
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Rights offerings
Samsung SDI to raise $1.4 bn in rights offering for facility expansion
Samsung SDI Co. will issue new shares worth 2 trillion won ($1.4 billion), its first rights offering in two decades, to fund bold facility and R&...
Mar 14, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Meritz drops bid for troubled MG Non-Life Insurance; Liquidation looms
Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG ...
Mar 13, 2025 (Gmt+09:00)
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Korean chipmakers
Magnachip to sell display business in H1 to focus on power semiconductors
South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift tow...
Mar 13, 2025 (Gmt+09:00)
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Pension funds
South Korea’s pension fund NPS risks massive loss from Homeplus fiasco
South Korea’s National Pension Service (NPS), the nation’s biggest institutional investor, could lose more than 1 trillion won ($692 mill...
Mar 07, 2025 (Gmt+09:00)
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Private equity
Affinity, GIC sell out of Kyobo Life; Chairman Shin seeks holding firm, M&A
Affinity Equity Partners and Singapore’s sovereign wealth fund GIC have sold their entire stake in Kyobo Life Insurance Co., exiting from their...
Mar 07, 2025 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners poised to acquire CJ Cheiljedang’s $3.5 billion bio business
North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher bid than other contend...
Mar 06, 2025 (Gmt+09:00)
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Mergers & Acquisitions
S.Korean grocery delivery platform Oasis at forefront to acquire TMON
South Korea’s grocery delivery platform Oasis Corp., which has been looking to expand its e-commerce market at home and abroad, is seeking to b...
Mar 05, 2025 (Gmt+09:00)
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Private equity
MBK-owned Homeplus files for corporate revamp with Seoul court
South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed ...
Mar 04, 2025 (Gmt+09:00)
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E-commerce
Korea’s beauty wholesaler to invest $10 mn in fashion platform Balaan
South Korea’s cosmetics wholesaler Silicon2 Co. is set to invest $10 million in financially troubled luxury fashion e-commerce platform operato...
Mar 04, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Gaming company NXC looks to unload stroller maker Stokke
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700 ...
Mar 03, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Affinity Equity set to close $1.1 bn purchase of Lotte Rental
Affinity Equity Partners said on Friday that it will sign a definitive agreement on March 11 with Lotte Group to acquire a 56.2% stake in South Korea...
Feb 28, 2025 (Gmt+09:00)
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Real estate
Korea’s top property asset manager IGIS Asset’s controlling stake up for sale
South Korea’s top real estate asset management firm IGIS Asset Management Co. plans to sell a controlling stake owned by the heirs of the compa...
Feb 28, 2025 (Gmt+09:00)
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Airlines
Sono Hospitality becomes new owner of Korean budget carrier T’way Air
South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring the en...
Feb 27, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CHA Biotech seeks to resume healthcare unit IPO after affiliates’ merger
CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, plans to resume an initial public offering of CHA Healthcare Co., a me...
Feb 26, 2025 (Gmt+09:00)
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Private equity
Kyobo Life’s Shin in talks with Affinity, GIC over exits below purchase price
Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is in talks with some of its financial investors (FIs) to help them exit fr...
Feb 25, 2025 (Gmt+09:00)
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Corporate bonds
S.Korea’s corporate bond market cools amid poor earnings
Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim ...
Feb 21, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HMM seeks to acquire parts of SK Shipping for $1.4 bn from Hahn & Co.
HMM Co., South Korea’s largest ocean carrier, is seeking to buy SK Shipping Co., excluding its liquefied natural gas (LNG) transportation busin...
Feb 20, 2025 (Gmt+09:00)
1 Min read
Latest News
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