Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...

Seoul court clears way for Korean Air’s $1.6 bn Asiana deal

Seoul court clears way for Korean Air’s $1.6 bn Asiana deal

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering wins $1 bn Malaysia plant deal

Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...

Hana to reap over 10% IRR on $200 mn Poland logistics deals

Hana to reap over 10% IRR on $200 mn Poland logistics deals

South Korea’s Hana Alternative Asset Management Co. has decided to exit from two Amazon-leased logistics centers in Poland for around 240 bill...

Korean Air to buy rival Asiana in $1.6 bn deal to emerge as world’s 7th airline

Korean Air to buy rival Asiana in $1.6 bn deal to emerge as world’s 7th airline

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

S.Korea, Japan ink first free trade deal via 15-country trade bloc

S.Korea, Japan ink first free trade deal via 15-country trade bloc

South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...

Shinhan arranges $120 mn loan for Cerberus US deal

Shinhan arranges $120 mn loan for Cerberus US deal

Shinhan Financial Group has arranged a $120 million loan to finance Cerberus Capital Management’s acquisition of operations in a leading US-base...

Hyundai seeks cut in $1.9 bn Daewoo Shipbuilding deal price

Hyundai seeks cut in $1.9 bn Daewoo Shipbuilding deal price

Hyundai Heavy Industries Holdings Co. is seeking to cut the 2.1 trillion won ($1.9 billion) acquisition price for a majority stake in South Korean riv...

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

South Korea’s trading company Hyundai Corporation will face China’s Railway Construction Corporate (CRCC) in a bid to secure an $18 billio...

Samsung Engineering wins biggest-ever $3.6 bn deal; shares surge

Samsung Engineering wins biggest-ever $3.6 bn deal; shares surge

Samsung Engineering Co., a construction arm of Samsung Group, has clinched a 4.1 trillion won ($3.6 billion) deal to build part of a refinery facility...

SK Hynix’s $9 bn Intel NAND deal ‘not overvalued’: CEO

SK Hynix’s $9 bn Intel NAND deal ‘not overvalued’: CEO

SK Hynix Inc.’s $9 billion deal to acquire Intel Corp.’s NAND memory chip business is not overvalued as the price tag reflects the US firm...

Naver, CJ ink $531 mn deal on entertainment content, logistics

Naver, CJ ink $531 mn deal on entertainment content, logistics

South Korea’s largest internet portal Naver Corp. and logistics and entertainment conglomerate CJ Group have signed a 600 billion won ($531 mill...

GS E&C challenges Hyundai Heavy in Doosan deal

GS E&C challenges Hyundai Heavy in Doosan deal

GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...

AI chip market heats up, to tip over $100 bn in deals

AI chip market heats up, to tip over $100 bn in deals

The global semiconductor industry has been swamped with a series of massive deals this year, likely to tip over $100 billion in deal volume as compani...

SK Hynix to buy Intel’s NAND business in $9 bn cash deal

SK Hynix to buy Intel’s NAND business in $9 bn cash deal

SK Hynix Inc. has signed a 10.3 trillion won ($9 billion) all-cash deal to buy Intel Corp.’s NAND memory chip business that will propel the Sout...

Hana to launch $38 mn retail fund for US property deal

 Hana to launch $38 mn retail fund for US property deal

Hana Alternative Asset Management Co. plans to raise 43 billion won ($38 million) from a retail fund for its investment in an office building in north...

Korean teachers’ fund keen on equities, M&A deals

Korean teachers’ fund keen on equities, M&A deals

The Korean Teachers’ Credit Union (KTCU), a $29 billion savings fund, will increase its exposure to equities markets and M&A financing deals...

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...

Korea Investment near $120 mn deal to buy student housing in Texas

Korea Investment near $120 mn deal to buy student housing in Texas

Korea Investment & Securities Co. Ltd. is close to acquiring a new student housing building near the University of Texas at Austin (UT Austin) for...

Doosan Heavy seeks new buyer for construction arm after deal falls through

Doosan Heavy seeks new buyer for construction arm after deal falls through

Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...

Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense

Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense

Share prices of Hanwha Solutions Corp. and other Hanwha Group units are being re-rated as the companies shift their business focus to the green energy...

Samsung wins $6.6 bn deal to supply 5G equipment to Verizon

Samsung wins $6.6 bn deal to supply 5G equipment to Verizon

Samsung Electronics Co. has clinched a 7.9 trillion won ($6.6 billion) deal to supply fifth-generation wireless communications solutions to Verizon Co...

Korea state agency to sell up to 10% Woori Financial stake in block deal

Korea state agency to sell up to 10% Woori Financial stake in block deal

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

Asiana deal botched as HDC rejects creditors’ latest offer

Asiana deal botched as HDC rejects creditors’ latest offer

HDC Hyundai Development Co.’s planned takeover of Asiana Airlines Inc. has fallen through as the preferred buyer renewed its request for further...

PAG inks $127 mn deal to sell Tobots-maker Young Toys to MiraeN, 2 local PEFs

PAG inks $127 mn deal to sell Tobots-maker Young Toys to MiraeN, 2 local PEFs

Hong Kong-based investment firm PAG has agreed to sell South Korean toymaker Young Toys Inc. to a consortium led by local education service provi...

KDB offers to ease HDC's financial burden in Asiana takeover as deal stalls

KDB offers to ease HDC's financial burden in Asiana takeover as deal stalls

State-run Korea Development Bank (KDB), the main creditor of Asian Airlines Inc., has unveiled proposals to ease the financial burden for HDC Hyundai ...

Global partnership pushes Hanwha into final round of Aussie armored vehicle deal

Global partnership pushes Hanwha into final round of Aussie armored vehicle deal

Hanwha Defense Co. has reached the final stretch in a race to win Australia’s 5-trillion won (US$4.2 billion) project to buy new infantry fighti...

Korean Air, Hahn & Company closer to finalizing $845 mn in-flight meal service deal

Korean Air, Hahn & Company closer to finalizing $845 mn in-flight meal service deal

Korean Air Lines Co. and local private equity firm Hahn & Company may sign the share purchase agreement (SPA) for the flag carrier’s in-flig...

Billion-dollar deals likely to flood Korea’s M&A market in H2

Billion-dollar deals likely to flood Korea’s M&A market in H2

South Korea’s mergers and acquisitions market is expected to gain momentum toward the end of the year, as the coronavirus pandemic pushes large ...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale