Mirae, NH face lawsuit over Drew Las Vegas loan loss

Mirae, NH face lawsuit over Drew Las Vegas loan loss

Mirae Asset Securities Co. and NH Investment & Securities Co. have been sued by South Korean institutional investors over the loss of their comb...

Korean LPs to sue Mirae, NH over Las Vegas loan loss

Korean LPs to sue Mirae, NH over Las Vegas loan loss

South Korean institutional investors in the Drew Las Vegas development are preparing to file a lawsuit against two domestic brokerage firms, seeking...

LG Electronics, Mirae Asset to launch $90 mn fund to invest in startups

LG Electronics, Mirae Asset to launch $90 mn fund to invest in startups

South Korea’s LG Electronics Inc. and Mirae Asset Group have agreed to launch a 100 billion won ($90 million) joint venture-capital fund to he...

Mirae Asset to launch $900 mn US logistics fund

Mirae Asset to launch $900 mn US logistics fund

Mirae Asset Global Investments Co. is set to launch a 1 trillion won ($900 million) blind pool fund to invest in US logistics facilities, into which...

Kyochon F&B, Galadari tie-up brings Korean fried chicken to Middle East

Kyochon F&B, Galadari tie-up brings Korean fried chicken to Middle East

South Korea's No. 1 fried chicken brand Kyochon F&B has inked a master franchise agreement with Dubai-based franchise operator Galadari Brothers...

Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...

Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund

Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund

South Korea’s platform giant Naver Corp., alongside Mirae Asset Daewoo Co., has been increasing investments into promising startups in Southeast...

Mirae Asset named preferred negotiator for 3 Amazon-leased logistics centers in US

Mirae Asset named preferred negotiator for 3 Amazon-leased logistics centers in US

Mirae Asset Global Investments Co. has been named the preferred negotiator to acquire three logistics centers in the US leased to American retail gian...

Mirae Asset to launch $252 mn Europe infrastructure fund

Mirae Asset to launch $252 mn Europe infrastructure fund

Mirae Asset Global Investments Co. is preparing to launch a 300 billion won ($252 million) vehicle to invest in a European infrastructure fund.Accordi...

Mirae Asset co-leads $100 mn financing for China’s biotech startup

Mirae Asset co-leads $100 mn financing for China’s biotech startup

Mirae Asset Financial Group has invested $28 million in Shanghai-based biotechnology startup JW Therapeutics, about a quarter of $100 million financin...

Mirae Asset scraps $5.8 bn US hotels deal with China’s Anbang

Mirae Asset scraps $5.8 bn US hotels deal with China’s Anbang

Mirae Asset Global Investments Co. Ltd. notified Anbang Insurance Group on May 3 of its decision to cancel a $5.8 billion acquisition of 15 US luxury ...

Mirae Asset says no financing problem with closing $5.8 bn hotels deal

Mirae Asset says no financing problem with closing $5.8 bn hotels deal

Mire Asset Global Investments Co. Ltd. has no problem with financing a $5.8 billion acquisition of 15 luxury hotels from Anbang Insurance Group and is...

Mirae Assets logs 150% return from German biotech startup exit

Mirae Assets logs 150% return from German biotech startup exit

Mirae Asset Daewoo Co. Ltd. has earned a 150% return on a $15 million investment in German biotechnology firm BioNTech SE in nine months, securing $22...

Mirae Asset leads $23 mn funding for Indian food delivery startup

Mirae Asset leads $23 mn funding for Indian food delivery startup

Mirae Asset Daewoo Co. Ltd. has led a $23 million investment in Indian food delivery platform Swiggy by South Korean companies in their first investme...

Mirae Asset may lose $5 mn to email fraud on aircraft finance

Mirae Asset may lose $5 mn to email fraud on aircraft finance

Mirae Asset Daewoo Co. Ltd. is likely to lose $5 million related to its aircraft financing deal after its Hong Kong-based employee transferred the mon...

Mirae Asset invests $150 mn in US meat substitutes maker

Mirae Asset invests $150 mn in US meat substitutes maker

Mirae Asset Global Investments Co. Ltd. has signed a share purchase agreement to invest $150 million in Impossible Foods Inc., a meat substitutes prod...

Mirae Asset says on track to close $5.8 bn US hotels deal

Mirae Asset says on track to close $5.8 bn US hotels deal

Mirae Asset Global Investments Co. Ltd. remains on track to close a $5.8 billion acquisition of 15 US luxury hotels from China’s Anbang Insuranc...

Mirae Asset to sell up to $600 mn global debt for investment

Mirae Asset to sell up to $600 mn global debt for investment

Mirae Asset Daewoo Co. Ltd. plans to issue a global bond worth $500 million to $600 million as early as April for the third year of offshore debt sale...

HDC-Mirae Asset consortium takes majority in Asiana Airlines for $2.2 bn

A consortium of Hyundai Development Company (HDC) and Mirae Asset Daewoo Co. Ltd. has agreed to take a 76.5% stake in Asiana Airlines Inc. for 2.5 tri...

Mirae Asset Daewoo buys three Boeing 777 planes for $450 mn

Mirae Asset Daewoo buys three Boeing 777 planes for $450 mn

Mirae Asset Daewoo Co. Ltd. has sealed a $450 million financing deal to buy three Boeing 777-300ER aircraft leased by China Airlines, as the South Kor...

Mirae Asset consortium likely to clinch $2.1 bn Asiana Airlines deal

A consortium of Mirae Asset Daewoo Co. Ltd. and Hyundai Development Company (HDC) is set to be announced as a preferred buyer of a controlling stake...

Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant

Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant

Mirae Asset Global Investments Co. Ltd. will provide $425 million in equity and debt financing for the acquisition of a desalination plant in San Dieg...

Mirae Asset teams up with builder for $1.2 bn Asiana Airlines deal

Mirae Asset teams up with builder for $1.2 bn Asiana Airlines deal

Mirae Asset Daewoo Co. Ltd. has attracted Hyundai Development Company (HDC) as a strategic partner to bid for a controlling stake in debt-ridden A...

Mirae Asset in exclusive talks to buy Anbang’s US hotels

Mirae Asset Financial Group has entered into exclusive negotiations to acquire a portfolio of 15 US luxury hotels owned by Anbang Insurance Group, val...

Mirae Asset, NH Investment lend $182 mn on LA hotel, condos

Mirae Asset, NH Investment lend $182 mn on LA hotel, condos

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd. have provided $182 million loans on a luxury hotel and condominium development...

Mirae Asset, NH Investment join $134 mn Slovakia office deal

Mirae Asset, NH Investment join $134 mn Slovakia office deal

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd. have participated in a 120-million-euro ($134 million) acquisition of an Amazo...

Mirae Asset to earn over 25% IRR from German property investment

Mirae Asset Global Investments Co. Ltd. has agreed to sell an office building in Frankfurt for 400 million euro ($448 million) which will translate in...

Mirae Asset to exit from German building in two years for strong gain

Mirae Asset to exit from German building in two years for strong gain

Mirae Asset Global Investments Co. Ltd. is set to exit from an office building in Frankfurt with handsome gains, just two years after acquiring the 17...

Mirae Asset plans $500 mn bond issue; invests in HK office debt

Mirae Asset plans $500 mn bond issue; invests in HK office debt

Mirae Asset Daewoo Co. Ltd. plans to raise more than $500 million in a global bond issuance early next month to fund its global investments, after ann...

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

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...

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