stake sales

Hyundai Motor Group’s auto units posted all-time high sales in the first half of 2021 in the US market. According to the industry on July 2, H...

Hanwha Group has made a partial exit from Nikola Corporation, one of the most controversial firms in the US hydrogen sector. Green Nikola Holdings L...

Morgan Stanley topped South Korea's M&A advisor league table in the first half of this year, working on six buyout deals worth a combined 9.75 t...

The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...

South Korea’s art market is projected to double or even triple in size this year, thanks to the widening of the customer base across all gener...

Samsung Life Insurance Co. has drawn attention from South Korean pension and savings funds with its $90 million purchase last month of a stake in Sa...

Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...

South Korea's NongHyup Financial Group, or NH Financial Group, has acquired a stake in a solar power plant in Japan from Korea Electric Power Corp. ...

Delivery Hero SE on Thursday postponed the deadline again for the final bidding of South Korea's Yogiyo, amid market doubts over the country's No. 2...

Shinsegae Group pushed through to be the sole winner in the prolonged race to acquire control of eBay Korea, making it a close runner-up in South Ko...

SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...

South Korea’s art market is facing the biggest boom since the global financial crisis, drawing wealthy investors and art enthusiasts alike. Se...

South Korea's Samsung Asset Management Co. has participated in a $12.4 billion acquisition of a 49% stake in Aramco Oil Pipelines Co., a unit of Sau...

A Twosome Place has scrapped its initial public offering plans after being touted as the country’s first coffee chain to go public. This has r...

Bain Capital is set to pocket about 100 billion won ($90 million) in profits in two years from its equity financing of the South Korean CJ Group's $...

The much-touted sale of South Korea’s Hanon Systems Corp. is taking solid shape with names of potential bidders floating around in the market ...

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...

South Korean biosimilar maker Celltrion Inc. and Mirae Asset Group have agreed to an investment that will render them the top shareholder in Iksuda ...

LG Innotek Co., a major camera module supplier for Apple Inc.’s iPhones, is looking to post a record operating profit and sales this year as i...

Taiwanese fabless semiconductor firms, with backing from their hometown foundry companies, are reaping the benefits of higher chip prices and soarin...

South Korea’s Partron Co., specialized in electronic parts for telecommunication devices, started as a mobile phone antenna maker in 2003 afte...

South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...

Luxury brands are hiking up prices in South Korea. Designers such as Hermes, Louis Vuitton and Chanel have increased their prices in Korea this year...

South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares own...

Samsung Life Insurance Co. has agreed to buy a 25% stake in Savills Investment Management (Savills IM) for £63.75 million ($90 million) from U...

McDonald’s has launched The BTS Meal on May 26 in the first selected group of 12 markets including Brazil, Canada and the US. The BTS meal is ...

Choi Jeong-woo, chairman of POSCO, South Korea’s largest steelmaker, said it’s no exaggeration to say that the company’s future is...

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...

Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...

South Korea’s Halla Group is joining the race for the purchase of auto parts supplier Hanon Systems Corp. -- a deal, if reached at the top end...