SK Group leader
Scope
Date
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Pre-IPOs
SK Ecoplant raises over $800 mn from Korean PE firms
South Korea's SK Ecoplant Co. has raised a total of 1 trillion won ($830 million) from four domestic private equity firms, including 390 billion won...
Feb 28, 2022 (Gmt+09:00)
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Artificial intelligence
LG AI Research: Foundation of group’s long-term future
Artificial intelligence that composes music and creates images, a forecasting model that reduces the development period of customized anticancer dru...
Feb 27, 2022 (Gmt+09:00)
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Infrastructure
Partners Group wins $620 mn Korean LPs mandate for infra
Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...
Feb 25, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor Group sweeps board at IIHS safety awards
The Hyundai Motor Group once again received more safety awards than any of its counterparts from the Insurance Institute for Highway Safety (IIHS)...
Feb 25, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SK On narrows bidders to BlackRock, Carlyle, KKR, GIC
South Korean battery maker SK On Co. has narrowed bidders for its shares worth up to $3.3 billion to four candidates -- BlackRock, The Carlyle Group...
Feb 24, 2022 (Gmt+09:00)
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IPOs
Korean battery sector to heat up IPO market again
South Korea’s battery industry is expected to heat up the initial public offering market later this year as battery materials and equipment ma...
Feb 23, 2022 (Gmt+09:00)
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Private equity
BlackRock names new head of institutional investment for APAC
BlackRock Inc., the world’s largest asset manager with $10 trillion assets under management, named Hiroyuki Shimizu head of institutional in...
Feb 22, 2022 (Gmt+09:00)
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SK Group head Chey to assume chair post at SK Telecom
SK Group chairman Chey Tae-won will assume an additional post as a chairman of SK Telecom Co.The conglomerate’s holding company SK Inc. announ...
Feb 22, 2022 (Gmt+09:00)
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Economy
South Korea's working young teeter on brink of debt disaster
As the liquidity party is coming to an end, rising interest rates and falling asset values are highlighting concerns about household debt taken on b...
Feb 21, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SK Ecoplant buys e-waste recycling firm for $1 bn
South Korea's SK Ecoplant Co. has acquired Singapore-based electronic waste (e-waste) disposal and recycling company TES Envirocorp Pte. Ltd for $1 ...
Feb 21, 2022 (Gmt+09:00)
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Batteries
SK On aims to dominate global battery market by 2030
SK On Co. is on track to become the world’s No. 1 battery maker by 2030, the company said on Sunday. During an interview with the in-ho...
Feb 21, 2022 (Gmt+09:00)
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M&As
LS-Nikko Copper to sell $670 million JV stake to Korean PEFs
LS-Nikko Copper Co., the world’s second-largest electrolytic copper maker, is set to sell an 800 billion won ($670 million) stake in a joint v...
Feb 20, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung SDS joins hands with Amazon for global cloud business
Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...
Feb 18, 2022 (Gmt+09:00)
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Batteries
SK On's $4 bn funding draws PE giants, GIC, Saudi PIF
BlackRock, Blackstone, Singapore's GIC and Saudi's Public Investment Fund (PIF) are among the preliminary bidders for shares worth up to $4.2 billio...
Feb 16, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops memory chip with computing capabilities
SK Hynix Inc. has developed a next-generation memory chip with computing capabilities, which the company says will provide solutions for data conges...
Feb 16, 2022 (Gmt+09:00)
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ESG
LG Group improves dividend policy transparency
A growing number of LG Group units have unveiled their dividend policies for the next three years for the first time in their history, as they are d...
Feb 14, 2022 (Gmt+09:00)
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The Deep Dive
How Carlyle aligned interests with Hyundai Motor chair
South Korea's strengthened antitrust rules relating to inter-affiliate trade provided the Carlyle Group with a valuable opportunity to invest in Hyu...
Feb 13, 2022 (Gmt+09:00)
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Automobiles
Kia: New king in J.D. Power’s most reliable auto brand rankings
Kia Corp. is the top-ranked automaker in J.D. Power’s 2022 US Vehicle Dependability Study (VDS) ahead of General Motor Co.’s Buick as we...
Feb 11, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix to benefit from Western Digital production disruption
South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is expected to be a key beneficiary from production disruption...
Feb 11, 2022 (Gmt+09:00)
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Batteries
KKR, Carlyle, TPG vying for $4 bn stake in SK's battery arm
KKR & Co., The Carlyle Group and TPG Inc. have handed in preliminary bids for shares in SK Group's battery unit SK On, which is seeking to raise...
Feb 08, 2022 (Gmt+09:00)
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Earnings
SK Bioscience posts record earnings driven by COVID-19 vaccines
SK Bioscience Co., a biopharmaceutical unit of South Korea’s SK Group, has posted record 2021 revenue and operating profit, boosted by contrac...
Feb 08, 2022 (Gmt+09:00)
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Industrial devices
Korea’s Point Mobile expands supply deal with Amazon to offline units
Point Mobile Co., South Korea’s top enterprise handheld devices maker, expanded a supply deal with Amazon.com Inc. to offline units of the wor...
Feb 08, 2022 (Gmt+09:00)
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Batteries
LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold
The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...
Feb 07, 2022 (Gmt+09:00)
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ETFs
The Korea Economic Daily's index set for ETF market debut
Exchange-traded funds (ETFs) have been solidifying their position in the investment market of Korea for the past years. Individual investors in Sout...
Feb 04, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix ahead of rivals in 200-plus-layer NAND chips
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are expected to lead rivals in the industry’s tran...
Feb 04, 2022 (Gmt+09:00)
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Batteries
SK on eve of jackpot from NYSE debut of US battery maker SES
SK Inc., the investment-focused holding company of South Korea’s SK Group, is set to pocket a sixfold return from its investment in SES Holdin...
Feb 03, 2022 (Gmt+09:00)
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SK Innovation not looking at listing battery unit for now
South Korea’s SK Innovation Co. is not currently considering an initial public offering of its battery subsidiary, an executive said on Friday...
Jan 28, 2022 (Gmt+09:00)
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Korean chipmakers
US survey findings on chip shortage rattle global chipmakers
The US government’s release on Tuesday of its findings on the reasons behind the global chip shortage is raising concerns among chipmakers, wi...
Jan 26, 2022 (Gmt+09:00)
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Carbon neutrality
SK Group to establish $835 mn green biz R&D complex
SK Group, South Korea’s third-largest conglomerate, plans to invest more than 1 trillion won ($835.3 million) in a research and development co...
Jan 26, 2022 (Gmt+09:00)
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Venture capital
LG Group invests $21 mn in vegan egg maker Eat Just
LG Group plans to invest 25 billion won ($21 million) in California-based plant-based food maker Eat Just, Inc. The news follows an announcement by ...
Jan 26, 2022 (Gmt+09:00)
Latest News
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- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators