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...

President Lee meets with Samsung chief amid stalled US-Korea trade talks

South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leve...

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 ...

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...

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...

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...

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

US-based investment firm Cohen & Steers Inc. has appointed Andrew Shin, a 20-year veteran of the institutional investment market, as vice presid...

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 ...

Hong Kong-based CLSA to invest $36.6 mn in K-Beauty pioneer Jungsaemmool Beauty

Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...

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 ...

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...

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...

NPS, Scape acquire Aussie senior living operator Aveo from Brookfield

South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...

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...

KKR in control feud over Korea’s top solar power plant

Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...

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...

Fubon Bank expands Korea presence into banking

Fubon Bank, Taiwan’s largest bank, is poised to open its first office in Seoul in July, expanding its footprint in South Korea beyond insuranc...

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...

Google to invest $100 mn in Gentle Monster in smart glasses push

Google LLC has signed an agreement to invest about 145.0 billion won ($100 million) in Gentle Monster, the South Korean fashion eyewear brand that i...

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...

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...

LG Display to invest $925.4 mn in smaller, high-end OLED

LG Display Co., the world’s top large-sized organic light-emitting diode (OLED) panel maker, will invest 1.26 trillion won ($925.4 million) to...

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...