Celltrion gains ground as one of most-prescribed drug suppliers in Italy

Celltrion Inc., South Korea’s leading biosimilar maker, has been securing a string of orders from regional governments in Italy for autoimmune...

EQT acquires controlling stake in Remember, Korea’s answer to LinkedIn

Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator o...

SK divests of Vingroup stake for $1 bn in restructuring move

SK Group has cashed out its entire 6.05% stake in Vingroup, Vietnam’s largest conglomerate, for more than 1.3 trillion won ($935.5 million), c...

JP Morgan advises sale of Korea’s professional network Remember   

JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...

S.Korea’s top 3 shipbuilders launch MASGA TF, eye 2-track strategy

South Korea’s three leading shipbuilders – HD Shipbuilding & Offshore Engineering Co., Hanwha Ocean Co. and Samsung Heavy Industries...

GM CEO Mary Barra quells Korea exit talk amid mounting auto tariff pressures

US auto giant General Motors Co. is regarding its South Korean factories as central to its global supply chain, particularly for compact SUVs and el...

Hanwha-owned burger chain Five Guys Korea up for sale two years after launch

South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...

KKR in control feud over Korea’s top solar power plant

Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...

Affinity Equity nets $220 mn from block sale of Shinhan Financial

Affinity Equity Partners has unloaded its remaining shares in Shinhan Financial Group, the second largest banking group in South Korea, for about 58...

F&F’s bid for TaylorMade complicates Centroid's exit

South Korean fashion retailer F&F Co., the largest strategic investor in TaylorMade Golf Co., has announced a bid for the golf equipment and app...

Samsung to thrash out strategy amid Trump, Middle East crisis

Samsung Electronics Co., South Korea’s most valuable company, is convening its most senior executives this week to plot its path back to the t...

US-South Korea talks scrapped after Trump's early G7 exit

A planned meeting between South Korean President Lee Jae-myung and US President Donald Trump was canceled on Monday after Trump unexpectedly left ...

CJ Foodville goes global from in-flight meals to Starbucks bread

CJ Foodville Co., a South Korean food company, is deepening its presence in Southeast Asia with premium bakery products, catering to airplane passen...

Shinhan Financial’s Jin meets with Goldman Sachs Int'l CEO for strategies

Jin Ok-dong, chairman of South Korea’s leading financial conglomerate Shinhan Financial Group, has met with senior executives of US-based mult...

Korean pension funds, insurers seek customized investment vehicles

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...

Korean financial firms launch global IR blitz to woo foreign capital  

Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...

KIC discusses post-US tariff infrastructure strategy with pension funds

The Korea Investment Corporation (KIC) on Tuesday discussed infrastructure investment opportunities and risks in the wake of the US government&rsquo...

Hanwha acquires Ourhome for $622 million in push to revive food business

South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...

Centroid to divest control of TaylorMade as exit strategy, drops IPO plan

Centroid Investment Partners, a South Korean private equity firm, has confirmed plans to divest its controlling stake in US sports equipment manufac...

Korea’s Sono to sell Air Premia stake to focus on another LCC

South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...

Samsung, LG review strategies as Trump slaps Vietnam with steeper tariffs

South Korea’s two leading electronics makers – Samsung Electronics Co. and LG Electronics Inc. – are being forced to reassess thei...

MBK sees better exit landscape in 2025, bets on governance reform

MBK Partners sees a recovery in the exit environment in 2025 and seeks to capitalize on the opportunities emerging from corporate governance reform ...

Global real estate market poised for strong rebound: Savills

The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...

S.Korea’s pension fund NPS to overhaul alternative investment strategy

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to intr...

Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off

South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...

SK Hynix to exit image sensor market to focus on AI chips

SK Hynix Inc. will shutter its image sensor business as the South Korean memory giant doubles down on the development of premium artificial intellig...

MBK-owned Homeplus files for corporate revamp with Seoul court

South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed...

Kia CEO stands firm on electrification strategy, premieres EV4 in Europe

TARRAGONA, Spain – Despite a temporary slowdown in electric vehicle demand and intensifying competition from Chinese automakers, Kia Corp. rem...

KIC explores Europe middle-market private equity opportunities

The Korea Investment Corporation (KIC) on Monday explored investment opportunities in Europe’s middle-market private equity sector with other ...

Kyobo Life’s Shin in talks with Affinity, GIC over exits below purchase price

Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is in talks with some of its financial investors (FIs) to help them exit f...