Hanwha Group leader Kim Seung-youn returns to management

Hanwha Group leader Kim Seung-youn returns to management

Hanwha Group leader Kim Seung-youn is returning to management seven years after he was banned from business activities following his conviction for ...

SK Group to sell stake in petrochemical arm; seeks global partnership

SK Group to sell stake in petrochemical arm; seeks global partnership

South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...

Young, female, foreign: Hyundai Motor Group’s new BOD

Young, female, foreign: Hyundai Motor Group’s new BOD

South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...

LS Group chairman touted as new KITA head

LS Group chairman touted as new KITA head

The Korea International Trade Association (KITA) is expected to begin the appointment process for its new chair this week. South Korean conglomerate...

Match Group buys Korean video chat startup for $1.73 bn

Match Group buys Korean video chat startup for $1.73 bn

Match Group, the operator of the world’s largest dating app Tinder, has agreed to buy 100% of South Korea’s leading video chat startup...

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

Three Korean consortiums in final bid for Hanjin Heavy

Three Korean consortiums in final bid for Hanjin Heavy

South Korea’s Hanjin Heavy Industries & Construction Co. has drawn three final bidding groups comprised of domestic companies and private ...

Hyundai Motor says group chief to buy 20% of Boston Dynamics

Hyundai Motor says group chief to buy 20% of Boston Dynamics

Hyundai Motor Group Chairman Chung Euisun has agreed to take a 20% stake in Boston Dynamics Inc. as part of the South Korean group’s acquisiti...

LG to hive off trading, four other units into new group

 LG to hive off trading, four other units into new group

South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group ex-chair eyes spin-off of trading, logistics units

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 ...

SK Group mulls headquarters buyback through REIT

SK Group mulls headquarters buyback through REIT

Energy-to-telecom-focused SK Group is considering buying back its headquarters in Seoul through a real estate investment trust (REIT) vehicle after th...

Hyundai Motor, SP Group to expand EV battery business in Singapore

Hyundai Motor, SP Group to expand EV battery business in Singapore

Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...

Kumho Asiana Group eyes sale of affiliate golf course and resort

Kumho Asiana Group eyes sale of affiliate golf course and resort

Kumho Asiana Group, the parent company of cash-strapped Asiana Airlines Inc., plans to put up affiliate Kumho Resort for sale as part of self-rescue m...

KB Investment bulks up VC funds as parent group drives SE Asia expansion

KB Investment bulks up VC funds as parent group drives SE Asia expansion

KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in ...

Urgent need to expand Korea's EV charging infrastructure: lobby group

Urgent need to expand Korea's EV charging infrastructure: lobby group

It is critical that the South Korean government and carmakers swiftly move to increase local charging stations for electric vehicles and secure raw ma...

Celltrion group tipped to exceed 1 trillion won in profit; first among bio firms

Celltrion group tipped to exceed 1 trillion won in profit; first among bio firms

South Korea’s Celltrion Inc. and its affiliates are expected to post robust operating profits this year on the back of strong sales of Remsima a...

Bakery franchise Tous Les Jours draws Affirma Capital, chemical group as bidders

Bakery franchise Tous Les Jours draws Affirma Capital, chemical group as bidders

Bakery franchise Tous Les Jours, a division of CJ Foodville Corp., has drawn four preliminary bidders for its sale, including Singapore-based Affirma ...

IMM PE to sell Hollys Coffee to Korean chemical-to-steel group

IMM PE to sell Hollys Coffee to Korean chemical-to-steel group

Seoul-based IMM Private Equity is in the final stages of talks to sell South Korea’s Hollys Coffee to the country’s chemical- to steel-foc...

Doosan Group inks sale of copper foil maker to PEF SkyLake for $588 mn

Doosan Group inks sale of copper foil maker to PEF SkyLake for $588 mn

Doosan Group has agreed to sell Doosan Solus Co. Ltd., a copper foil and OLED materials maker, to South Korean private equity firm SkyLake Investment ...

Carlyle Group to exit from Korean OEM apparel exporter in seven years

Carlyle Group to exit from Korean OEM apparel exporter in seven years

The Carlyle Group has sold off its stake in South Korea's Yakjin Trading Corp., an original equipment manufacturer (OEM) for global brands such a...

SK to invest $300 million in ChinData Group by joining in pre-IPO share sale

SK to invest $300 million in ChinData Group by joining in pre-IPO share sale

SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...

Debt-laden Doosan Group puts Doosan Infracore up for sale to secure cash

Debt-laden Doosan Group puts Doosan Infracore up for sale to secure cash

Doosan Group kicked off the sale process for Doosan Infracore, the group’s construction equipment builder, with the sale manager ...

Carlyle raises $600 mn for infra credit fund with top Korean banking groups

Carlyle raises $600 mn for infra credit fund with top Korean banking groups

The Carlyle Group has raised $600 million for an infrastructure credit fund in South Korea jointly with two domestic financial services firms to lend ...

Meritz Securites funds KKR’s German media group acquisition

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 ...

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

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 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, 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...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs