Hyundai, Santander to acquire German car rental firm for $170 mn

Spain’s Banco Santander and Hyundai Capital Services Inc. have decided to buy a controlling stake in Sixt Leasing SE, a unit of German car renta...

Meritz Securites funds KKR’s German media group acquisition

Meritz Securities Co. Ltd. has provided 200 million euros ($218 million) in a senior loan to fund KKR & Co.’s $3.4 billion purchase in 2019 ...

Elliott sells off over $1 bn shares in Hyundai Motor, two affiliates in two yrs

Elliott Management Corp. has disposed of all its shares in three key units of the Hyundai Motor Group, currently worth $1.5 billion, after its nearly ...

NPS sets up $860 mn Vietnam investment fund with SK Group

The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...

Macquarie buys $800 mn stake in LG Group’s IT firm

Macquarie’s South Korean unit signed a definitive agreement on Dec. 6 to buy a non-controlling stake in LG CNS Co. Ltd., an IT services arm of L...

SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups

SK Group will set up a 1 trillion won ($850 million) fund with China’s private equity firm Hillhouse Capital Group to invest in Chinese start-up...

Hanwha Group units underwrite $240 mn debt on US car park operator

Hanwha Investment & Securities Co. Ltd. and two other financial arms of South Korea’s Hanwha Group have underwritten $240 million of a 30-year deb...

Keppel Group unit set to net $250 mn from value-add deals in Seoul

Alpha Investment Partners, part of Singapore-based Keppel Capital, is set to secure over $250 million from selling two Seoul office buildings for arou...

Hana Fin-led group poised to buy $185 mn Prague office complex

A consortium led by Hana Financial Investment Co. Ltd. and Hana Alternative Asset Management Co. Ltd. has been chosen as the preferred buyer for a thr...

Mirae Asset-Amundi group may buy France skyscraper for almost $1 bn

A consortium of Mirae Asset Daewoo Co. Ltd. and French asset manager Amundi was picked as the preferred buyer for Tour Majunga, a landmark building in...

Hyundai Asset seeks retail funding for $76 mn Scotland property deal

Hyundai Asset Management Co. Ltd. has rolled out its first public real estate fund to close the 58.2-million-pound ($76 million) acquisition of a Scot...

Saudi Aramco agrees to buy $1.6 bn stake in Hyundai Oilbank

Saudi Aramco, the world’s biggest energy company, has signed an agreement to buy a stake of up to 19.9% in Hyundai Oilbank Co. Ltd. for 1.8 trillion w...

Hyundai Investments commits $250 mn to US real estate debt fund

Hyundai Investments Co. Ltd. has committed $250 million to a real estate debt fund of a joint venture between Related Cos, a US real estate developer ...

Affinity Equity-led group to exercise put option on $1.8 bn Kyobo Life shares

A consortium led by Affinity Equity Partners will push ahead with exercising their right to sell shares in South Korea’s Kyobo Life Insurance Co. Ltd....

Samsung Sec-led group to buy $760 mn stake in Dunkirk LNG terminal

A consortium of three South Korean brokerage companies led by Samsung Securities Co. Ltd. will pay around 850 billion won ($758 million) for a 39.24% ...

Hyundai co-invests in $275 mn property near Paris with French firm

Hyundai Investments Co. Ltd. has completed the €235 million ($275 million) acquisition of a seven-story office building in the Paris metropolitan area...

Korean asset firm backs Hyundai reform plan; NPS remains indecisive

An independent South Korean investment firm has become the first institutional shareholder in Hyundai Mobis Co. Ltd. publicly supporting the Hyundai M...

Hyundai Motor hires Goldman, top law firm to fend off Elliott’s reform call

Hyundai Motor Group has bolstered the roster of its advisors with the addition of Goldman Sachs and US law firm Latham & Watkins LLP to step up fi...

Hyundai Investments raises $222 mn for 3i Europe PPP fund

Hyundai Investments Co. Ltd. has raised a total of €180 million ($222 million) in commitments to invest in 3i European Operational Projects Fund from ...

US, HK public funds join TPG-led group to co-invest $50 mn in Kakao Mobility

Two US state pension funds and a Hong Kong public fund have invested 50 billion won ($47 million) in aggregate to buy a minority stake in South Korea’...

Brookfield, GIC join CVC-led group in final bidding for Korea’s ADT Caps

CVC Capital Partners has formed a consortium with Brookfield Asset Management and Singapore’s sovereign wealth fund GIC to make a final bid for South ...

Hyundai Investments raises $162 mn for US debt securitization fund

Hyundai Investments Co. Ltd. has collected $162 million from five South Korean institutional investors to invest in a $2 billion US real estate debt s...

Samsung Group units in forming $443 mn fund to buy OECD building in Paris

An investment firm of South Korea’s Samsung Life Insurance Co. Ltd is forming a blind-pool real estate fund worth around 500 billion won ($443 milli...

Hyundai Investments seeks to raise up to €200 million for BC Partners’ buyout fund

Hyundai Investments Co. Ltd., wholly owned by Hyundai Marine & Fire Insurance Co. Ltd., is seeking to raise between €100 million ($107 million) an...

Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn

Partners Group, a Switzerland-based investment firm, is looking to raise a further €655 million ($689 million) in March for the final close of it...

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

Hyundai Marine & Fire Insurance Co. Ltd., South Korea’s second-largest non-life insurer by assets, is considering investing in one or two addition...

Hyundai Marine to be anchor investor of Allianz’s new Berlin office tower: report

South Korea’s Hyundai Marine & Fire Insurance Co. Ltd. will commit around 60 billion won and 70 billion won ($50~58 million) to a domestic real es...

CJ Group Interested in Acquiring McDonald's Korea Operations

CJ Group has jumped into a bidding war to acquire McDonald's Korea. According to investment banking sources on June 28, CJ Group had submitted a lette...

SPIKE. NO EDIT HERE. Hyundai Motor Group to adopt digital twin technology

Hyundai Motor Group plans to adopt digital twin, a technology that allows the automaker to make a digital replica of a real car for simulation not...

SK Innovation to supply batteries to Hyundai’s IONIQ 7

SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...