KB Asset poised to buy Signature Tower in Seoul for over $700 mn
KB Asset Management Co. has been named the preferred buyer of Signature Tower in what would be a landmark office property deal in South Korea this y...
MBK, Mirae Asset to force CJ CGV to give up overseas cinema assets
MBK Partners Ltd. and Mirae Asset Securities Co. are set to force South Korea’s top multiplex cinema chain CJ CGV Co. to surrender control of ...
Hanwha Philly Shipyard wins 1st export-bound US LNG carrier order in 50 yrs
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, ma...
TWICE scores 7th Top 10 entry on Billboard 200 with This Is For album
South Korean girl group Twice has extended their Billboard streak, landing at No. 6 on the Billboard 200 this week with their new album This Is For ...
TPG’s sale of cosmetics packaging specialist Samhwa to KKR: A textbook turnaround story
Global private equity firm TPG has struck one of this year’s standout mid-cap deals in South Korea, selling Samhwa Co., a cosmetics packaging ...
Pebblestone, Pacific, Hanwha Asset, Hyundai Investments shortlisted for NPS’ $360 mn property fund mandate
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has shortlist...
Hanwha Ocean wins $1.4 bn order from Yang Ming to build 7 containerships
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has bagged an order to build seven containerships, valued at about 2 trillion won (...
Hanwha seeks to buy Paraspara Seoul from developer tied to Banyan Tree Busan fire
Hanwha Hotels & Resorts Co. is in talks to acquire Paraspara Seoul, a five-star hotel and resort, up for sale by a property developer facing lia...
Korea Investment & Securities, UBP seek private banking partnership
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...
Hanwha-owned burger chain Five Guys Korea up for sale two years after launch
South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...
Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity
Lotte Rental Co., South Korea’s No. 1 car rental and leasing company, is facing a backlash from a key minority shareholder over its planned ri...
POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn
POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...
K Shipbuilding up for sale as Korean shipyards ride new boom
K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...
Korean waste management firm Koentec put on market for $730 mn
Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equit...
Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs
The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...
Samsung Asset leads H1 AUM rankings amid ETF boom
South Korea’s asset management industry posted stellar growth in the first half of 2025, buoyed by a 28% surge in the country’s benchmar...
IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun
Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...
Hanwha acquires Indonesian bank, first foreign banking venture by Korean insurer
Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...
Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotels
Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...
Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome
Hanwha Systems Co. is preparing to muscle into a strategic stronghold of South Korea’s missile defense industry, challenging long-time rival L...
S.Korea’s leading ERP player Douzone Bizon up for sale; EQT, others in talks
Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...
GEPS taps former KB Asset chief risk officer as new CIO
South Korea’s Government Employees Pension Service (GEPS) on Wednesday appointed Sohn Young-jin, former head of risk management at KB Asset Ma...
Hana Asset launches ultra-low-fee Nasdaq 100 ETF
Hana Asset Management Co. will list the “1Q US Nasdaq 100 ETF” on Tuesday, an exchange-traded fund that tracks the Nasdaq 100 index with...
Loss-making Lotte Chemical to sell water treatment unit to Synopex
Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...
Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds
Mirae Asset Financial Group, one of the largest asset managers in South Korea, has launched its first exchange-traded fund (ETF) investing in high-q...
Calls grow for stronger LP oversight in national strategic asset M&As
MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...
EQT taps ex-DHK Management CEO to lead S.Korea's real estate push
Swedish asset manager EQT Partners, also the largest private equity firm in Europe, has named David Kim, chief executive of South Korean real estate...
Affirma Capital to acquire Equis’ Korean waste assets for $294 million
Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...
CJ CGV under pressure to shed China, Vietnam cinema assets
MBK Partners and Mirae Asset Securities Co. are considering divesting of their holdings in CGI Holdings Co., which oversees CJ CGV Co.’s multi...
Koramco targets $7 bn bet on Korea data centers
Koramco Asset Management Co., South Korea’s leading real estate investment firm, plans to invest 10 trillion won ($7 billion) in domestic data...
