SK Group investment in Masan
Scope
Date
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Sovereign wealth funds
KIC eyes tech, healthcare, telecoms via PE and VC
Korea Investment Corporation (KIC) aims to increase alternative investment to 25% of its total investment by 2025 as well as rank among the world's ...
Jan 05, 2022 (Gmt+09:00)
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Artificial intelligence
SK Telecom taps AI expert as new technology chief
SK Telecom Co., South Korea's top mobile carrier, has tapped its e-commerce arm's chief executive and artificial intelligence (AI) expert Lee Sang-h...
Jan 04, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK buys textile supplier to Nike, Adidas for $654 mn
South Korea’s MBK Partners said on Jan. 3 that it has completed the 100% acquisition of Dongjin Textile Co. -- a Korean firm that has been s...
Jan 03, 2022 (Gmt+09:00)
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SK Telecom and KT to compete in AI chipmaking
SK Telecom Co. and KT Corp. are poised to go head to head in manufacturing chips for artificial intelligence. The telecom giants will utilize their...
Jan 03, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix to list Intel’s NAND unit on Nasdaq
South Korea’s SK Hynix Inc. decided to list the recently acquired Intel Corp.’s NAND flash memory chip business on the Nasdaq in a move ...
Dec 30, 2021 (Gmt+09:00)
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Chemical Industry
Korea’s SK Geo Centric, Japan’s Tokuyama to set up IPA JV
South Korea’s leading petrochemical company SK Geo Centric Co. and Japan’s chemicals producer Tokuyama Corp. plan to found a joint ventu...
Dec 30, 2021 (Gmt+09:00)
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M&As
Samsung Group in negotiations to buy Biogen
South Korea's Samsung Group is in negotiations to buy Biogen Inc., a leading US-based drugmaker for neurological conditions such as Alzheimer's and ...
Dec 30, 2021 (Gmt+09:00)
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Venture Capital
Pipeline software solutions provider Cloa wins $5.1 mn in additional funding
NAVER Corp.’s startup accelerator D2SF (D2 Startup Factory) has made an additional investment into data pipeline solutions provider Cloa, the ...
Dec 29, 2021 (Gmt+09:00)
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Korean startups
Germany's ZF to invest in Korean self-driving startup
Germany's car parts maker ZF Friedrichshafen is in the final stages of negotiations to invest around 20 billion won ($17 million) in StradVision, a ...
Dec 28, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Affinity picks Goldman as adviser for Burger King Korea, Japan sales
Affinity Equity Partners has chosen Goldman Sachs as its adviser for the planned sale of its entire stakes in Burger King’s operations in Kore...
Dec 28, 2021 (Gmt+09:00)
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Executive reshuffles
CJ Group promotes chairman’s son, signals 3rd-generation succession
South Korea's CJ Group promoted the group chairman's son Lee Sun-ho to a new executive-level position Monday, paving the way for a third-generatio...
Dec 28, 2021 (Gmt+09:00)
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Korean startups
SK Square injects $29.5 million into agriculture startup
Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...
Dec 27, 2021 (Gmt+09:00)
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IPOs
Korea’s IPO market renews record highs
South Korea’s initial public offering market continues to rewrite history this year. More than 20 million people have participated in the...
Dec 27, 2021 (Gmt+09:00)
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Automobiles
S.Korea's car output tumbles to lowest in 17 years
South Korea's car output in 2021 is estimated to have tumbled to its lowest level in 17 years as a global shortage of semiconductors slowed down pro...
Dec 27, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai revs up shares in Korean EV parts makers
South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...
Dec 24, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience to sell Novavax COVID-19 vaccine in Thailand, Vietnam
SK Bioscience Co., a biopharmaceutical unit of South Korea’s SK Group, said on Friday it has acquired non-exclusive rights to sell US-based No...
Dec 24, 2021 (Gmt+09:00)
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Mergers & Acquisitions
LX Group to buy glassmaker from Glenwood PE
South Korea’s LX Group is acquiring a local glassmaker from private equity firm Glenwood PE.LX Group was scheduled to sign a memorandum of und...
Dec 24, 2021 (Gmt+09:00)
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Alternative investments
Hyundai Investments buys office building in Brussels
South Korean asset manager Hyundai Investments Co., fully owned by Hyundai Marine & Fire Insurance Co., has said it acquired a Brussels-based ...
Dec 24, 2021 (Gmt+09:00)
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Business & Politics
SK Group’s Chey rebuts FTC charges of unfair business practice
South Korea’s Fair Trade Commission has imposed a fine of 1.6 billion won ($1.3 million) on SK Group Chairman Chey Tae-won and the conglomerat...
Dec 23, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK Hynix wins China’s approval for $9 billion Intel NAND acquisition
SK Hynix Inc. has received approval from China’s antitrust regulator for its $9 billion deal to acquire Intel Corp.’s NAND memory chip b...
Dec 23, 2021 (Gmt+09:00)
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Venture capital
Indian startups: Korean VCs' new target after China
South Korean venture capital firms and online giants are flocking to startups in India, a country with the world's second-largest population and low...
Dec 22, 2021 (Gmt+09:00)
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Metaverse
Strong Ventures, KB Investment invest in K-pop metaverse
South Korea’s KB Investment Co. and US venture capitalist Strong Ventures LLC have invested in Stan World, a K-pop metaverse platform operator...
Dec 21, 2021 (Gmt+09:00)
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Alternative Investments
Tiger Alternative liquidates its structured fund with over 15% IRR
South Korea’s Tiger Alternative Investors Co. has liquidated its structured fund backed by shares of US-based business development companies...
Dec 21, 2021 (Gmt+09:00)
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Pharamaceuticals
SK Biopharm releases epilepsy treatment in UK
South Korean SK Biopharmaceuticals Co. launched its epilepsy treatment Cenobamate in the UK, rapidly expanding the company’s presence in Europ...
Dec 21, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to showcase autonomous ship at CES 2022
Hyundai Heavy Industries Group, the world’s largest shipbuilder, is set to showcase its latest and next-generation mobility technology related...
Dec 21, 2021 (Gmt+09:00)
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Carbon neutrality
POSCO to build mini mills for carbon neutrality
POSCO Co., the world’s No. 5 steelmaker, plans to build mini mills, electric arc furnaces for hot rolled steel, in South Korea as part of it...
Dec 20, 2021 (Gmt+09:00)
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Future mobility
Nexen Tire invests in US urban air mobility startup ANRA Technologies
Nexen Tire Corp., Korea’s third-largest tire maker, has made an undisclosed amount of equity investment in ANRA Technologies, a US urban air m...
Dec 20, 2021 (Gmt+09:00)
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Korean startups
Korean unicorns jump fivefold in four years with record investment in 2021
Investment in South Korean startups hit an all-time high in 2021 as the number of new unicorns, unlisted companies with a valuation topping $1 billi...
Dec 20, 2021 (Gmt+09:00)
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Executive reshuffles
Hyundai Motor overhauls management in biggest-ever generational revamp
Hyundai Motor Group, South Korea’s second-largest conglomerate, on Friday replaced its mid-tier executives in its largest personnel reshuffle ...
Dec 17, 2021 (Gmt+09:00)
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Energy
Korea’s DL Energy to expand US power plant business
South Korea’s DL Energy is set to expand its power plant business in the US.DL Energy, formerly known as Daelim Energy, said on Dec. 17 that i...
Dec 17, 2021 (Gmt+09:00)
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