M&A
-
Mergers & Acquisitions
Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion
Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Airg...
Jan 13, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
MBK Partners’ vice chair vows to hike Korea Zinc’s value to $20.6 billion
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has be...
Jan 08, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
Korea Zinc, MBK-Young Poong alliance to fight over cumulative voting
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has no...
Jan 06, 2025 (Gmt+09:00)
-
Mergers & Acquisitions
KL & Partners buys cosmetics brand Manyo Factory for $130 mn
KL & Partners, a South Korean private equity firm, has agreed to buy Kosdaq-listed cosmetics company Manyo Factory Co., which has been building i...
Jan 06, 2025 (Gmt+09:00)
-
E-commerce
Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture
South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better com...
Dec 26, 2024 (Gmt+09:00)
-
Petrochemicals
Korea to ease rules for petrochem industry M&As, plant closures
South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global supply glut...
Dec 24, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
M&A deals in South Korea hit 7-year low in 2024
South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolster...
Dec 23, 2024 (Gmt+09:00)
-
Food & Beverage
Hanwha seeks acquisition of sibling feud-mired Korean catering firm Ourhome
South Korea’s Hanwha Group is seeking to acquire local catering service provider Ourhome, embroiled in the owner family's sibling disputes, for...
Dec 20, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
MBK, Young Poong close in on majority of Korea Zinc
A consortium of MBK Partners and Young Poong Corp. has raised its stake in Korea Zinc Inc. to 46.7% of voting shares, drawing the group closer to maj...
Dec 19, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for 9...
Dec 12, 2024 (Gmt+09:00)
-
Corporate restructuring
NPS steps back from Doosan Robotics' Bobcat merger
The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advis...
Dec 09, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
LX Pantos IPO delayed as Mirae Asset sells stake
South Korea’s leading brokerage firm Mirae Asset Securities Co. is poised to sell its stake in LX Pantos Co., adding to expectations of more de...
Dec 09, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
MBK kicks off Lotte Card sale for about $1.4 bn in 2nd bid
Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a No...
Dec 02, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Blackstone, Carlyle, MBK vying for CJ CheilJedang’s bio business
Blackstone, Carlyle Group and MBK Partners have joined the race to purchase the bio business of CJ CheilJedang Corp., the world’s largest produ...
Dec 02, 2024 (Gmt+09:00)
-
Airlines
Korean Air-Asiana merger to spur M&A among budget carriers
Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two dom...
Nov 29, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing
South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mil...
Nov 27, 2024 (Gmt+09:00)
-
Private equity
Kamur PE sells cutting tool maker JJ Tools to Blackstone
Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting tool manufacturer JJ T...
Nov 27, 2024 (Gmt+09:00)
-
Asset management
Mirae Asset aspires to No. 5 in Indian securities market with Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group will strive to grab the fifth-largest share of the Indian securities market thr...
Nov 27, 2024 (Gmt+09:00)
-
Shareholder activism
Must Asset calls on Young Poong to take steps to boost shareholder value
South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund c...
Nov 25, 2024 (Gmt+09:00)
-
Corporate restructuring
Lotte puts department store in Centum City, Busan on market
Lotte Shopping Co. has put one of its core department stores, Lotte Department Store Centum City in Busan, on the market in line with its parent grou...
Nov 22, 2024 (Gmt+09:00)
-
Chemical Industry
Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit
Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whic...
Nov 22, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Hyosung Chemical scraps specialty gas unit sale to IMM, STIC
Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas d...
Nov 21, 2024 (Gmt+09:00)
-
Corporate restructuring
Gaon Cable takes over LS Cable & System's US arm
Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business of mid-to-low voltag...
Nov 19, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Glenwood buys three waste management firms for about $190 mn
Glenwood Private Equity on Tuesday signed an agreement to buy three waste management companies from small South Korean business group Bubang for arou...
Nov 19, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
CJ CheilJedang puts bio business on market for $4 bn
CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what c...
Nov 18, 2024 (Gmt+09:00)
-
Corporate restructuring
Shinsegae affiliate SSG.COM secures Olympus as new financial investor
Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean ba...
Nov 14, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
MBK Partners tipped to win battle for control of Korea Zinc
A consortium led by North Asia-focused buyout firm MBK Partners edged closer to winning the battle for control of Korea Zinc Inc. against the smeltin...
Nov 12, 2024 (Gmt+09:00)
-
Shareholder activism
Dalton Investments raises stake in cosmetics ODM Kolmar
Dalton Investments Inc., a US-based activist fund, has secured a 5.02% stake in South Korea’s Kolmar Holdings Co., stoking speculation the worl...
Nov 06, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed at...
Nov 06, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
MBK’s Korea Zinc bid aimed at corporate governance, shareholder value
MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead and...
Nov 05, 2024 (Gmt+09:00)
Most Read
- 1 Seoul-backed K-beauty brands set to make global mark
- 2 Australian infrastructure offers compelling opportunity: QIC
- 3 NPS to lift stock holdings to 55% by 2030, raising risk appetite
- 4 Europe looms large as K-beauty brands look to blue ocean; shares rise
- 5 NPS logs 0.87% return from first-quarter investment
- 6 Korea Post to commit $150 mn to mid-cap infrastructure funds
- 7 Seoul, once-rising art hub, feels pinch of global strains
- 8 Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul
- 9 Ex-TSMC executive joins Samsung Foundry to lead US expansion
- 10 Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal
- 11 S.Korean military fund to make $73 mn commitment to real estate funds
- 12 Korea’s ruling party revives corporate law reform with stricter rules
- 13 LG Display to invest $500 mn to boost smaller OLED output
- 14 Korea’s aesthetic medicine enjoys golden era with surge in foreign spending
- 15 US monitors NPS, sovereign funds in expanded currency surveillance
- 16 Markets in honeymoon with Lee: Kospi, won rally; bond yields spike
- 17 Korea’s stablecoin trade at $42 bn; BOK balks at non-bank stablecoin deals
- 18 Chinese e-commerce growth stalls in South Korea
- 19 S.Korea’s Lee to make diplomatic debut at G7 after phone call with Trump
- 20 KT&G seeks $200 mn acquisition of Nordic nicotine pouch maker
