Shinhan joins in Australian firm's $85 mn refinancing deal

Shinhan joins in Australian firm's $85 mn refinancing deal

South Korea's Shinhan Investment Corp. has participated in a A$110 million ($85 million) refinancing package for Australia's Entertainment and Educa...

BTS-loved kombucha brand Teazen up for sale

BTS-loved kombucha brand Teazen up for sale

The majority shareholder of South Korea’s fine tea brand Teazen Co. is seeking to sell ownership of the company, attracting multiple potential...

Samsung reports highest Q1 revenue, expects chip rebound in Q2

Samsung reports highest Q1 revenue, expects chip rebound in Q2

Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...

Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot

Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...

Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot

Samsung SDI Q1 sales at all-time high, says VW’s battery move long shot

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, saw its first-quarter revenue profit jump on solid demand with its ...

Incheon Int'l Airport raises $300 mn in first global bond sale

Incheon Int'l Airport raises $300 mn in first global bond sale

South Korea's government-owned Incheon International Airport Corp. has raised $300 million in its first global bond sale to ease financial difficult...

Team Fresh secures $6 mn via stake sale to DSC Investment

Team Fresh secures $6 mn via stake sale to DSC Investment

South Korea-based venture capital firm DSC Investment announced on Apr. 27 that it has acquired a 6.5% stake, valued at around 6.5 billion won ($5.8...

POSCO revises up sales target after Q1 profit rises to 10-year high

POSCO revises up sales target after Q1 profit rises to 10-year high

South Korea’s largest steelmaker POSCO said on Monday it’s raising this year’s sales target by 17.5% after posting its highest q...

Evercore joins as advisor for S.Korea’s Hanon Systems stake sale

Evercore joins as advisor for S.Korea’s Hanon Systems stake sale

Evercore Inc., a New York-based boutique investment banking advisory firm, is joining hands with Morgan Stanley to co-manage the sale of a majority ...

Citibank Korea's retail arm sale may fuel M&A market

Citibank Korea's retail arm sale may fuel M&A market

Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...

Outback Steakhouse Korea put up for sale by PEF

Outback Steakhouse Korea put up for sale by PEF

South Korea-based private equity firm Skylake Equity Partners is seeking to sell a 100% stake in Outback Steakhouse Korea, as the PE firm and sale m...

Hanwha Solutions eyes $300 mn green dim sum bond issue

Hanwha Solutions eyes $300 mn green dim sum bond issue

Hanwha Solutions Corp., a South Korean petrochemical and renewable energy company, plans to raise 2 billion yuan ($300 million) in a green bond issu...

Sale of Korea’s No.2 delivery app Yogiyo kicks off with May 4 prelim bid

Sale of Korea’s No.2 delivery app Yogiyo kicks off with May 4 prelim bid

The sale of South Korea’s second-largest food delivery app Yogiyo has kicked off with the sell-side issuing an information memorandum to poten...

Deep inside the deal: HYBE-Ithaca merger

Deep inside the deal: HYBE-Ithaca merger

The recent merger deal between two global entertainment powerhouses, HYBE Co. of South Korea and Ithaca Holdings of the US, will create a mega music...

Cuckoo home appliances post record sales in US, Vietnam

Cuckoo home appliances post record sales in US, Vietnam

South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely driven by successes i...

Hyundai Motor to launch Genesis in China, posts record US sales

Hyundai Motor to launch Genesis in China, posts record US sales

Hyundai Motor Co. and sister firm Kia Corp. posted their best-ever March and first-quarter sales in the US, where the South Korean companies are wor...

Korea’s top delivery app operator Woowa joins 1 trillion won sales club

Korea’s top delivery app operator Woowa joins 1 trillion won sales club

Woowa Brothers Corp., the operator of South Korea’s top food delivery app Baedal Minjok, commonly known as Baemin, has joined the 1 trillion w...

KTB Network wins jackpot from Korean delivery app sale

KTB Network wins jackpot from Korean delivery app sale

KTB Network Co., a South Korean venture capital firm, has pocketed a double-digit return, or 62.5 billion won ($55 million) from the sale of its sta...

Korean military fund to double average investment size

Korean military fund to double average investment size

South Korea’s Military Mutual Aid Association (MMAA) intends to nearly double its average investment size to 100 billion won ($88 million) as ...

SK Tel, Shinsegae, Lotte, MBK make the cut in eBay Korea deal

SK Tel, Shinsegae, Lotte, MBK make the cut in eBay Korea deal

Four out of the five preliminary bidders for eBay Korea, including SK Telecom Co. and MBK Partners, have made the cut in the deal estimated at aroun...

KIC opens San Francisco office to boost VC deals

KIC opens San Francisco office to boost VC deals

The Korea Investment Corporation (KIC) officially opened its San Francisco office on Mar. 26, as part of its efforts to improve deal sourcing and in...

MBK girds for eBay Korea deal as competition heats up

MBK girds for eBay Korea deal as competition heats up

MBK Partners is the only financial bidder for eBay Korea, the wholly-owned unit of the US online retailer, which has drawn top Korean retailers, the...

Hahn & Co. to put Korean auto parts maker up for sale

Hahn & Co. to put Korean auto parts maker up for sale

South Korea's private equity firm Hahn & Co. is seeking to sell a majority stake in Hanon Systems, a Korean automotive supplier, which is expect...

Hyosung inks first large-scale ESS deal in Europe

Hyosung inks first large-scale ESS deal in Europe

Hyosung Heavy Industries, the construction and infrastructure arm of South Korea’s textile and chemicals conglomerate Hyosung, on Mar. 17 said...

Delivery Hero kicks off sale of S.Korea's No.2 delivery app Yogiyo

Delivery Hero kicks off sale of S.Korea's No.2 delivery app Yogiyo

Germany-based online food delivery service Delivery Hero SE has kicked off the sale process of South Korea's second-largest food delivery app, Yogiy...

SK Hynix's Intel NAND chip deal wins US regulatory approval

SK Hynix's Intel NAND chip deal wins US regulatory approval

The US antitrust regulators have approved of SK Hynix Inc.'s $9 billion acquisition of Intel Corp.'s NAND memory chip business, also under review by...

Daewoo E&C up for sale; in talks with local PEF over $1.58 bn deal

Daewoo E&C up for sale; in talks with local PEF over $1.58 bn deal

Daewoo Engineering & Construction Co. is up for sale as its main creditor hopes to cash out of the South Korean builder on the back of its impro...

Hyundai, Kia set to change gear to revive China sales

Hyundai, Kia set to change gear to revive China sales

Hyundai Motor Co. and Kia Corp. posted their worst results in China last year since they advanced into that neighboring market in 2002. Their Chines...

SK in stake sale talks for SPC set up to buy Plug Power

SK in stake sale talks for SPC set up to buy Plug Power

SK Holdings Co. is in negotiations with several private equity firms to sell up to a 49% stake in a special purpose company (SPC) set up to invest $...

Naver picks underwriters for first global bond sale

Naver picks underwriters for first global bond sale

Naver Corp., South Koreans’ largest online portal, has picked Morgan Stanley and Mirae Asset Daewoo Securities Co. to underwrite its first glo...

KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike With waning MZ interest, is heyday over for S.Korea’s golf apparel market? LG links up with Chinese rivals for budget appliance supremacy