▶주메뉴 바로가기
▶본문 바로가기
South Korea’s Mirae Asset Financial Group has invested some $150 million in Impossible Foods, a US-based startup that produces meat alternatives, according to reports Monday. Mirae Asset, along with several financial investors, participated in the latest funding round,” an investment banking so...
Shinhan Card said Tuesday it is poised to buy parts of Hyundai Capital’s assets related to its long-term car rental services for around 500 billion won ($417.3 million). The assets will be composed of vehicles under the South Korean carmaker -- Hyundai, Kia and Genesis -- which Hyundai Capital ...
South Korean construction company Daelim Industrial has completed the takeover of Carliflex, a chemical business unit of Kraton, a US firm that produces specialty polymers and chemical products derived from pine wood pulping byproducts. Through the acquisition, worth $530 million, Daelim has gain...
Korean chemical materials manufacturers Kolon Industries and SKC have sold their stakes in SKC Kolon PI, a polyimide film maker, for some 300 billion won ($250 million) in a bid to acquire seed funding to nurture new businesses, according to the two companies on Monday. Kosdaq-listed SKC Kolon PI...
Goldman Sachs and SK Corp. announced on Jan. 13 plans to invest jointly in an eco-friendly cold chain logistics center in South Korea. Global investment banking group Goldman Sachs and SK Group’s holding company, which specializes in investment, said they would invest 50 billion won ($43 million)...
SKC Inc., a chemical unit of SK Group, said on Jan. 6 that it will acquire KCF Technologies Co., the world's top producer of copper foil for lithium-ion batteries, this week in a bid to diversify its business portfolio. SKCFT Holdings Co., a subsidiary of SKC, is set to buy a 100 percent stake in ...
South Korea’s provincial banking group JB Financial Group said Dec. 16 that its commercial banking arm Kwangju Bank had signed a deal to acquire Vietnamese investment bank Morgan Stanley Gateway Securities for 382.4 billion Vietnamese dong ($16.5 million). Kwangju Bank, wholly owned by JB Finan...
The merger between South Korean mobile carrier LG Uplus Corp. and cable and budget phone operator CJ Hello Co. received final approval from the government on Dec. 15 in a development that could lead to more investment and growth in the local telecom and broadcasting sector. The conditional perm...
South Korean food delivery unicorn startup Woowa Brothers announced Dec. 13 that German food delivery giant Delivery Hero will acquire a majority stake in the company at a $4 billion valuation. Berlin-based Delivery Hero will buy 87 percent of Woowa Brothers, known for its online delivery app Baed...
The deadline for the stake transfer of South Korea’s second-largest air carrier, Asiana Airlines , has been extended to the fourth week of December, according to industry sources Dec. 12. The preferred bidder, a consortium comprising Hyundai Development Co. and Mirae Asset Daewoo , fell sho...
CJ CheilJedang on Nov. 20 was given a disciplinary order by the Fair Trade Commission for irregularities in its corporate restructuring, primarily for a merger that turned its key logistics arm CJ Logistics into CJ Corp. ’s second-tier indirect subsidiary, FTC said Dec. 1. A company called You...
South Korea, Asia’s fourth-largest economy, is seeking to tap into sector-specific cross-border mergers and acquisitions to keep its export-oriented supply chain unscathed in the face of ongoing trade tension with Japan. At a seminar hosted by the Korea Trade-Investment Promotion Agency in Seoul ...
Hanwha Galleria is seeking to delist its department store subsidiary in a bid to tackle shrinking domestic consumption amid signs of a recession. The department store arm of South Korean conglomerate Hanwha, which holds a controlling stake in the subsidary Hanwha Galleria Timeworld , announced o...
Hanwha Hotels & Resorts said on Nov. 25 it would split off its food culture division and sell it to South Korea’s private equity firm VIG Partners in the deal that was roughly valued at some 100 billion won ($85 million). The leisure industry arm of chemical-to-financial conglomerate of Hanwha sa...
Caris, a South Korean company that first made guardrails using synthetic plastic polymer PVC, said Nov. 22 that it plans to set up a joint venture with Ukrainian investors for infrastructure projects that are expected to be worth a combined $1.4 billion. The new entity will be joined by Caris, Ukr...
[KH Explains] Lotte goes all-out to secure cash amid lackluster earnings
Kakao completes its first own data center
120,000 more public homes to be supplied by this year
Milk prices to go up in Oct.
SKT, OpenAI hold AI competition for social good
Rebellions' AI chip to undergo IBM quality testing
SK Earthon starts first independent oil production in South China Sea
KB chief hopes successor transforms group into 'Samsung of finance'