sale and leaseback deal
Scope
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Business & Politics
S.Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
South Korea’s newly elected President Lee Jae-myung on Monday had his first official telephone conversation with Japanese Prime Minister Shige...
4 HOURS AGO
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Business & Politics
Korea signs definitive $19 bn Czech nuclear plant deal after twists and turns
South Korea has secured its most significant nuclear export deal in over a decade, as a consortium led by Korea Hydro & Nuclear Power (KHNP) cli...
Jun 05, 2025 (Gmt+09:00)
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Aerospace & Defense
KAI seals $700 mn FA-50 fighter jet export deal with the Philippines
Korea Aerospace Industries Ltd. (KAI) on Tuesday signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippines, marking the larg...
Jun 04, 2025 (Gmt+09:00)
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Cryptocurrencies
Korea’s stablecoin trade at $42 bn; BOK balks at non-bank stablecoin deals
South Korea’s central bank is cautious about non-banks and fintech firms issuing and handling stablecoins amid a global cryptocurrency rally, ...
Jun 02, 2025 (Gmt+09:00)
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Future mobility
Kakao Mobility to build smart infrastructure for Saudi Diriyah project
Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...
Jun 02, 2025 (Gmt+09:00)
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Real estate
Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul
Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central bus...
May 28, 2025 (Gmt+09:00)
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Mergers & Acquisitions
DB Group eyes Hanyang Securities amid KCGI deal uncertainty
DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...
May 28, 2025 (Gmt+09:00)
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Entertainment
Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
May 28, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics drives foreign lead in Korea’s biotech supply chain
A surge in orders from Samsung Biologics Co., the world’s largest contract drugmaker, has propelled South Korea to the forefront of global rev...
May 26, 2025 (Gmt+09:00)
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Private equity
KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million
Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts & Co., has sold a 9.5% stake in HD Hyundai Marine Solut...
May 23, 2025 (Gmt+09:00)
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Alternative investments
Hamilton Lane invests in IMM infrastructure fund in secondary deal
Global private market investor Hamilton Lane Inc. has acquired a stake in Seoul-based alternative investment firm IMM Investment’s infrastruct...
May 20, 2025 (Gmt+09:00)
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Real estate
Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
May 20, 2025 (Gmt+09:00)
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Private equity
Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million
Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...
May 19, 2025 (Gmt+09:00)
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Automobiles
Kumho Tire shuts Gwangju plant after fire, derailing record sales run
Kumho Tire Co. has suspended all operations at its Gwangju plant in South Korea after a fire destroyed 50-60% of the production lines in one of its ...
May 18, 2025 (Gmt+09:00)
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Machinery
Hyundai Rotem lands $301 mn Taiwan driverless train deal
Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...
May 16, 2025 (Gmt+09:00)
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Bio & Pharma
South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly
Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lill...
May 16, 2025 (Gmt+09:00)
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Mergers & Acquisitions
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...
May 15, 2025 (Gmt+09:00)
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Real estate
Half of Seoul offices now over 30 years old amid limited new supply
About half of the office buildings in Seoul’s major business districts are over 30 years old, falling short of demand for modern and high-end ...
May 13, 2025 (Gmt+09:00)
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Beauty & Cosmetics
With Ulta deal, APR steps up US beauty push
Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...
May 12, 2025 (Gmt+09:00)
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Mergers & Acquisitions
MBK’s Lotte Card sale gains momentum amid Homeplus fallout
North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte Card Co., South Korea’s fifth-largest car issuer, is g...
May 11, 2025 (Gmt+09:00)
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Debt financing
Korea Securities Finance eyes its 1st foreign bond sale in 2026
Korea Securities Finance Corp. (KSFC) is preparing to issue its first foreign currency-denominated bonds in 2026 to provide low-cost funding to dome...
May 09, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Soon for sale: Altos Ventures-backed Cafe Knotted operator
Silicon Valley-based Altos Ventures-backed Good Food For Good (GFFG), operator of South Korea’s popular dessert cafe, Cafe Knotted, will likel...
May 07, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Harman acquires Masimo’s audio arm in Samsung’s car audio push
Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a ...
May 07, 2025 (Gmt+09:00)
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Business & Politics
S.Korea confident of winning Czech nuclear plant deal despite court ruling
A landmark nuclear energy export deal between South Korea and the Czech Republic was postponed at the eleventh hour following a local court ruling, ...
May 07, 2025 (Gmt+09:00)
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Automobiles
BMW surpasses Mercedes in Korean sales for 1st time in 10 years
The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a de...
May 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
CJ CheilJedang Corp., South Korea’s largest food and beverage company, said on Wednesday it has scrapped a planned sale of its green bio busin...
Apr 30, 2025 (Gmt+09:00)
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Korean chipmakers
Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
Samsung Electronics Co., the world’s leading memory chipmaker, is in talks to supply customized sixth-generation high-bandwidth memory, or HBM...
Apr 30, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CJ CheilJedang scraps sale of Brazilian unit CJ Selecta to Bunge
CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...
Apr 29, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean shares sink after KDB's sale of 4.2% stake
Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...
Apr 29, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics bags $514 mn CMO contract from US pharma
Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO), said on Monday it has secured a $5.14 million order from...
Apr 28, 2025 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy consumer bad loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet