asset deal
Scope
Date
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Artificial intelligence
Hana to reap over 10% IRR on $200 mn Poland logistics deals
South Korea’s Hana Alternative Asset Management Co. has decided to exit from two Amazon-leased logistics centers in Poland for around 240 bill...
Nov 26, 2020 (Gmt+09:00)
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Sovereign bonds
KRW bonds favored amid rekindled interest in riskier assets
SINGAPORE -- Global investors are returning to emerging market debt, including Korean won bonds, as they hunt for higher yields amid stronger local ...
Nov 26, 2020 (Gmt+09:00)
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Korean startups
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...
Nov 19, 2020 (Gmt+09:00)
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Airlines
Korean Air to buy rival Asiana in $1.6 bn deal to emerge as world’s 7th airline
Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...
Nov 16, 2020 (Gmt+09:00)
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Economy
S.Korea, Japan ink first free trade deal via 15-country trade bloc
South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...
Nov 16, 2020 (Gmt+09:00)
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Alternative investments
Shinhan arranges $120 mn loan for Cerberus US deal
Shinhan Financial Group has arranged a $120 million loan to finance Cerberus Capital Management’s acquisition of operations in a leading US-base...
Nov 10, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai seeks cut in $1.9 bn Daewoo Shipbuilding deal price
Hyundai Heavy Industries Holdings Co. is seeking to cut the 2.1 trillion won ($1.9 billion) acquisition price for a majority stake in South Korean riv...
Nov 06, 2020 (Gmt+09:00)
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Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal
South Korea’s trading company Hyundai Corporation will face China’s Railway Construction Corporate (CRCC) in a bid to secure an $18 billio...
Nov 03, 2020 (Gmt+09:00)
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Aberdeen Standard Investments
[ASK2020] Allocate to ideas, not asset classes
Aberdeen Standard Investments is dedicated to helping investors around the world reach their investment goals and broaden their financial horizo...
Oct 30, 2020 (Gmt+09:00)
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Construction order
Samsung Engineering wins biggest-ever $3.6 bn deal; shares surge
Samsung Engineering Co., a construction arm of Samsung Group, has clinched a 4.1 trillion won ($3.6 billion) deal to build part of a refinery facility...
Oct 30, 2020 (Gmt+09:00)
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NAND business
SK Hynix’s $9 bn Intel NAND deal ‘not overvalued’: CEO
SK Hynix Inc.’s $9 billion deal to acquire Intel Corp.’s NAND memory chip business is not overvalued as the price tag reflects the US firm...
Oct 30, 2020 (Gmt+09:00)
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Korean investors' survey
Korean investors pick private debt as preferred asset class
South Korea’s institutional investors, including pension funds, mutual aid associations and insurers, plan to increase the private debt portion ...
Oct 27, 2020 (Gmt+09:00)
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Business tie-ups
Naver, CJ ink $531 mn deal on entertainment content, logistics
South Korea’s largest internet portal Naver Corp. and logistics and entertainment conglomerate CJ Group have signed a 600 billion won ($531 mill...
Oct 27, 2020 (Gmt+09:00)
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Doosan Infracore
GS E&C challenges Hyundai Heavy in Doosan deal
GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...
Oct 22, 2020 (Gmt+09:00)
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AI semiconductors
AI chip market heats up, to tip over $100 bn in deals
The global semiconductor industry has been swamped with a series of massive deals this year, likely to tip over $100 billion in deal volume as compani...
Oct 22, 2020 (Gmt+09:00)
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Korean chipmakers
SK Hynix to buy Intel’s NAND business in $9 bn cash deal
SK Hynix Inc. has signed a 10.3 trillion won ($9 billion) all-cash deal to buy Intel Corp.’s NAND memory chip business that will propel the Sout...
Oct 20, 2020 (Gmt+09:00)
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ASK Summit 2020
KED to host alternative investment summit for Korean, global asset managers
The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investo...
Oct 16, 2020 (Gmt+09:00)
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ASK Summit 2020
KED to host alternative investment summit for Korean, global asset managers
The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investors...
Oct 14, 2020 (Gmt+09:00)
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Alternative investment
Hana to launch $38 mn retail fund for US property deal
Hana Alternative Asset Management Co. plans to raise 43 billion won ($38 million) from a retail fund for its investment in an office building in north...
Oct 13, 2020 (Gmt+09:00)
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Interview
Korean teachers’ fund keen on equities, M&A deals
The Korean Teachers’ Credit Union (KTCU), a $29 billion savings fund, will increase its exposure to equities markets and M&A financing deals...
Oct 13, 2020 (Gmt+09:00)
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M&As
Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal
Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...
Oct 07, 2020 (Gmt+09:00)
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Multi asset funds
Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds
The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, has entrusted two Korean asset managers ...
Oct 05, 2020 (Gmt+09:00)
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League table
Credit Suisse lead-manages Doosan Group’s restructuring deals
Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...
Oct 05, 2020 (Gmt+09:00)
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IPOs
Hyosung to accelerate asset sales, IPOs to spur growth in hydrogen, data businesses
Hyosung Group, a South Korean textile and chemicals conglomerate, is accelerating efforts to sell assets and list major subsidiaries on the local bour...
Oct 05, 2020 (Gmt+09:00)
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Real Estate
Korea Investment near $120 mn deal to buy student housing in Texas
Korea Investment & Securities Co. Ltd. is close to acquiring a new student housing building near the University of Texas at Austin (UT Austin) for...
Sep 16, 2020 (Gmt+09:00)
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Alternative investments
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...
Sep 09, 2020 (Gmt+09:00)
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Infrastructure
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...
Sep 08, 2020 (Gmt+09:00)
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Doosan Group
Doosan Heavy seeks new buyer for construction arm after deal falls through
Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...
Sep 08, 2020 (Gmt+09:00)
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Renewable energy
Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense
Share prices of Hanwha Solutions Corp. and other Hanwha Group units are being re-rated as the companies shift their business focus to the green energy...
Sep 08, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung wins $6.6 bn deal to supply 5G equipment to Verizon
Samsung Electronics Co. has clinched a 7.9 trillion won ($6.6 billion) deal to supply fifth-generation wireless communications solutions to Verizon Co...
Sep 07, 2020 (Gmt+09:00)
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