Korean medical cosmetics firms make big rebound in Q1

South Korean medical cosmetics companies that underwent a tough year in 2020 are posting rejuvenated earning results thanks to s rise in demand in E...

World's 1st e-sports channel OGN up for sale; valued at $8.9 million

OGN, a South Korean cable TV channel specialized in broadcasting video game-related content and e-sports matches, is up for sale.According to invest...

Korean foundry firm DB HiTek sets new Q1 sales record

South Korea’s foundry company DB HiTek Co. has reported the highest quarterly revenue since its establishment in 1997. The company’s reg...

Biggest deal in Korea: Hanon Systems stake sale draws KKR, Carlyle, TPG

The sale process of a near-70% stake in South Korean auto parts supplier Hanon Systems Corp. has kicked off, attracting a pool of strategic investor...

Lifted short sale ban blamed for Korea ETF redemption

The lifting of South Korea's short-selling ban on large-cap stocks on Monday could be blamed for the recent heavy outflows from US-listed exchange-t...

Hyundai Motor to launch Genesis in Europe; US auto sales at record high

Hyundai Motor Co. is taking its standalone high-end brand Genesis to Europe, the traditional stronghold of premium cars such as BMW and Audi, as the...

Kia posts record US sales for 2nd straight month, driven by SUVs

Kia Corp., an automaking affiliate of the Hyundai Motor Group, on Monday posted its best-ever monthly US auto sales for a second straight month in A...

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 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 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 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

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

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

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 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

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

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

KT to build high-speed satellite network in Indonesia

KT Sat Co., a satellite subsidiary of South Korea’s telecom giant KT Corp., will set up a high-speed satellite telecom network in Indonesia&rs...

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...

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 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

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 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...

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...

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...

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