UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS led the $1.1 billion Lotte Rental deal; KB Securities ruled the country’s capital markets - both the ECm and DCM markets

(Courtesy of Getty Images)
(Courtesy of Getty Images)
Jong-Kwan Park, Seok-Cheol Choi, Jeong-Cheol Bae and Da Eun Choi 4
2025-04-02 09:00:10 pjk@hankyung.com
League table

UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the first quarter of this year after leading a 1.78 trillion won ($1.2 billion) deal to sell the country’s No. 1 car rental and leasing company Lotte Rental Co.

Affinity, GIC sell out of Kyobo Life; Chairman Shin seeks holding firm, M&A

Affinity, GIC sell out of Kyobo Life; Chairman Shin seeks holding firm, M&A

Kyobo Life Insurance's headquarters in central Seoul Affinity Equity Partners and Singapore’s sovereign wealth fund GIC have sold their entire stake in Kyobo Life Insurance Co., exiting from their investment in South Korea’s third-largest life insurer after 13 years.Late Friday, Aff

Seoul Guarantee Insurance to raise $124 million from IPO

Seoul Guarantee Insurance to raise $124 million from IPO

Seoul Guarantee Insurance's headquarters building  Seoul Guarantee Insurance Co. (SGI) will raise 181.5 billion won ($124.2 million) through an initial public offering later this month in its second attempt to go public after calling off the previous IPO plan in 2023 due to tepid demand. T

Affinity Equity set to close $1.1 bn purchase of Lotte Rental

Affinity Equity set to close $1.1 bn purchase of Lotte Rental

Affinity Equity aims to transform Lotte Rental and SK Rent-a-Car into mobility service providers  Affinity Equity Partners said on Friday that it will sign a definitive agreement on March 11 with Lotte Group to acquire a 56.2% stake in South Korea’s No. 1 car rental and leasing compa

LG CNS set to price February IPO at top of price band

LG CNS set to price February IPO at top of price band

Hyun Shin-kyun, CEO of LG CNS, speaks at a press conference on Jan. 9, 2025 LG CNS Co., an information technology service company, is set to price its initial public offering at the top of its proposed price range to raise 1.2 trillion won ($821 million) in an initial public offering, according

Hong Kong-based PEF Affinity Equity to acquire control of Lotte Rental

Hong Kong-based PEF Affinity Equity to acquire control of Lotte Rental

Lotte Rental is Korea's No. 1 car rental and leasing firm Affinity Equity Partners, a Hong Kong-based investment firm, will acquire a controlling stake in South Korea’s No. 1 car rental and leasing company Lotte Rental Co.According to industry sources on Friday, Lotte Group will hold a bo

UBS retains top position on Korea’s M&A advisor list after Ecorbit deal

UBS retains top position on Korea’s M&A advisor list after Ecorbit deal

(Courtesy of Getty Images)  UBS Group AG remained on the top of the South Korean merger and acquisition (M&A) advisory market as of the end of the third quarter after adding the sale of Ecorbit Co. valued at 2.1 trillion won ($1.6 billion) to its list of deal arrangements. KB Securitie

UBS tops Korea’s M&A advisor list on Asiana, Affinity deals

UBS tops Korea’s M&A advisor list on Asiana, Affinity deals

(Courtesy of Getty Images Bank) UBS Group AG topped the South Korean mergers and acquisitions (M&A) league table in the second quarter as the global investment bank worked on major deals such as Korean Air Lines Co.'s sale of the cargo unit of Asiana Airlines Inc., data showed on Monday.KB

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