SK Lubricants draws Japan's refiner Enoes, three PEFs

Japan's biggest refiner Enoes Corp. is one of the four final bidders for a minority stake in South Korea's SK Lubricants Co., wholly owned by SK Inn...

SK Hynix's Intel NAND chip deal wins US regulatory approval

The US antitrust regulators have approved of SK Hynix Inc.'s $9 billion acquisition of Intel Corp.'s NAND memory chip business, also under review by...

SK Innovation board says no costly settlement with LG

SK Innovation Inc.’s board members on Thursday advised the South Korean electric vehicle battery maker not to pay hefty compensation for a set...

Affirma, EastBridge to invest $350 mn in SK's mobility venture

  Affirma Capital and South Korea-based EastBridge Partners will invest a combined 400 billion won ($350 million) in SK Telecom Co.'s mobility...

SK Bioscience IPO draws record-high demand from retail investors

South Korean vaccine maker SK Bioscience Co. has set a new record for initial public offering demand, raising around 63.6 trillion won ($56 billio...

SK Group's financial story: Measure, divest and focus

Last month, South Korea's third-largest conglomerate SK Group agreed to sell its 21-year-old baseball club SK Wyverns to the country’s leading...

SK in stake sale talks for SPC set up to buy Plug Power

SK Holdings Co. is in negotiations with several private equity firms to sell up to a 49% stake in a special purpose company (SPC) set up to invest $...

SK Bioscience’s $1.3 bn IPO generates $10 mn in underwriting fees

The initial public offering of SK Bioscience Co. was priced at the upper end of its price band of 65,000 won ($57.3) per share on Monday to raise 1....

SK, POSCO agree to develop new lightweight materials for future mobility

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

SK Innovation divests of stakes in US shale oil fields

SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to...

Hanwha launches group-wide task force to bolster space business

Hanwha Group has created an internal task force headed by the group's heir apparent to strengthen its presence in the fast-growing global space sect...

SK Hynix produces mobile DRAM with industry’s largest capacity

SK Hynix Inc., South Korea’s second-largest chipmaker, has started mass production of 18 gigabyte (GB) mobile DRAM, which offers the industry&...

US' ITC says 10-year import ban on SK not excessive

The US International Trade Commission (ITC) has stated that the 10-year exclusion order prohibiting SK Innovation Co. from importing battery product...

SK Bioscience attracts NPS, GIC in successful bookbuilding

South Korea-based SK Bioscience Co. has successfully concluded the bookbuilding for its initial public offering, attracting institutional investors ...

US politicians urge review of ITC ruling over LG, SK battery dispute

The trade secret dispute between LG Energy Solution Ltd. and SK Innovation Co. is taking a new turn as US state politicians raise their voices again...

SK Hynix to unveil industry’s smallest pixel image sensor, eyes $24.9 bn market

Leading global chipmaker SK Hynix Inc. plans to unveil the industry’s smallest 0.7-micrometer pixel image sensor this year to enhance its pr...

SK Group eyes IPO of headquarter-backed REIT in 2021

South Korea’s SK Group has begun the process to list a real estate investment trust (REIT) backed by its head office building and some 100 pet...

Hyundai, SK in hydrogen tie-up as part of $38 bn industry cooperation

South Korea’s auto giant Hyundai Motor Group and energy conglomerate SK Group have agreed to tie up in hydrogen-related projects as part of an...

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 teams with Plug Power to tackle Asia's hydrogen ecosystem

South Korea-based SK Group is ready to take on the growing Asian fuel cell market, having finalized a $1.6 billion deal to acquire around a 10% stak...

SK Holdings raises $1 bn from block sale of SK Biopharm shares

South Korea's SK Holdings Co. has offloaded an 11% stake in SK Biopharmaceuticals Co. in a block trade for 1.1 trillion won ($1 billion) as part of ...

SK Bioscience eyes $900 mn annual sales from vaccine business

South Korea’s SK Bioscience Co. is looking to post 1 trillion won ($900 million) in annual revenue from its vaccine business as the biopharmac...

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

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

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

SK under increasing pressure for costly settlement with LG

SK Innovation Co. may brace for a billion-dollar settlement with LG Energy Solution Co., after it lost a lengthy legal battle with its hometown riva...

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...

LG, SK, Hanwha accelerate shift to renewable energy with push for RE100

Following in the footsteps of SK Group, which last year declared that it will switch to renewable energy for plant operations, a number of South Kor...

Controversy surrounds SK Bioscience’s $1 bn IPO valuation  

SK Bioscience Co., a spin-off of SK Chemicals Co.'s vaccine division, is set to list on the South Korean stock exchange on March 18 to raise up to $...

SK Bioscience aims for March listing; enterprise value may reach $4.5 bn

South Korea-based SK Bioscience Co. is planning its trading debut next month on the country's main bourse, Kospi. The company's enterprise value is ...