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  • USD/KRW 1,197 -0.80 -0.07%
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  • CNH/KRW 189.12 0.02 0.01%


  • Bain Capital seals 3rd beauty M&A deal in S.Korea

    Bain Capital on Thursday agreed to buy a majority stake in South Korea's medical aesthetic device manufacturer Classys Inc. for 670 billion won ($560...

    21 HOURS AGO

  • Barbarians at the gate: fraud-hit Osstem wooed by bankers

    South Korea's Osstem Implant Co., battered by the country's largest-ever embezzlement scandal for a listed company, is now being courted by investmen...

    Jan 26, 2022 (Gmt+09:00)

  • Lazard seeks to sell off fraud-hit Osstem Implant

    Lazard Asset Management has tapped multiple professional investors in South Korea to sell off its shares in Osstem Implant Co, worth $165 million, tr...

    Jan 25, 2022 (Gmt+09:00)

  • Lotte acquires Ministop Korea for $260 mn from Aeon

    South Korea's Lotte Group has agreed to acquire a 100% stake in Ministop Korea for 313.4 billion won ($263 million), the country's fifth-largest conv...

    Jan 23, 2022 (Gmt+09:00)

  • Microsoft $69 bn bet spurs Korea game makers' search for metaverse deals

    South Korea’s game developers are expected to seek more acquisitions of the metaverse and non-fungible token (NFT) companies for new profit sou...

    Jan 20, 2022 (Gmt+09:00)

  • Vietnam gives traction to Korean banks' global push

    South Korea's leading banks began to reap the rewards of their efforts to become regional players in Asia, with their aggressive investments in Vietn...

    Jan 19, 2022 (Gmt+09:00)

  • Materials, parts makers drive Korea's 2021 M&A boom

    Materials, components and equipment makers drove South Korea's mergers and acquisitions market to a record high last year, with smaller deals involvi...

    Jan 18, 2022 (Gmt+09:00)

  • Affinity to send teaser for Burger King Korea, Japan sale

    Affinity Equity Partners is set to send an investment teaser this week for the planned sale of Burger King’s operations in South Korea and Japa...

    Jan 18, 2022 (Gmt+09:00)

  • NTT DoCoMo sells $370 mn KT shares to Shinhan Bank

    Japan's mobile phone operator NTT DoCoMo has sold all its shares in KT Corp., worth 437.5 billion won ($370 million), to Shinhan Bank which formed a ...

    Jan 18, 2022 (Gmt+09:00)

  • Lotte Group beats Shinsegae to acquire Ministop Korea

    Lotte Group beat its retail rival Shinsegae Group in a competition to buy South Korea’s fifth-largest convenience store chain Ministop Korea. T...

    Jan 17, 2022 (Gmt+09:00)

  • KTB PE earns 100% return from US brand sold to P&G

    South Korea-based KTB Private Equity has earned a 100% return from Farmacy Beauty, just a year after its investment, following Procter & Gamble's...

    Jan 17, 2022 (Gmt+09:00)

  • Collapsed merger’s silver lining: More cash for Hyundai Heavy

    The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine Eng...

    Jan 14, 2022 (Gmt+09:00)

  • Korean Air wary of Asiana deal after EU blocks HHI-DSME merger

    Korean Air Lines Co. and Asiana Airlines Inc. are wary of the fate of their proposed merger after the European Union blocked the combination of South...

    Jan 14, 2022 (Gmt+09:00)

  • Creditors to unveil new plans next week to sell DSME

    Creditor banks of South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) are mulling new ways to find a new owner of the debt-ridden s...

    Jan 14, 2022 (Gmt+09:00)

  • Hyundai Heavy, DSME merger falls through on EU veto

    The European Commission on Thursday vetoed the combination of the world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Ship...

    Jan 14, 2022 (Gmt+09:00)

  • MBK sells 10% stake to Dyal Capital for around $1 bn

    North Asia-focused MBK Partners has agreed to sell a roughly 13% stake to Dyal Capital Partners for about $1 billion, according to a Bloomberg report...

    Jan 13, 2022 (Gmt+09:00)

  • The Princeton Review up for sale by Korean edutech firm

    South Korea's leading edutech service firm has put The Princeton Review up for sale, five years after it acquired the US college test preparation ser...

    Jan 11, 2022 (Gmt+09:00)

  • Hyundai Heavy uneasy ahead of EU decision despite $2.5 bn orders

    South Korea’s Hyundai Heavy Industries Group grew more concerned ahead of the European Union’s decision on the combination of the world&r...

    Jan 11, 2022 (Gmt+09:00)

  • Samsung CEO: M&A deals in offing, to expand MicroLED TV facilities

    LAS VEGAS – Samsung Electronics Co. is working on multiple M&A deals, which it could announce in the near future, as the company is seeking...

    Jan 06, 2022 (Gmt+09:00)

  • Nexon invests $400 mn in Avengers directors' film company

    Online game developer Nexon Co. has completed a $400 million investment in AGBO, a US entertainment company founded by Avengers film series co-direct...

    Jan 06, 2022 (Gmt+09:00)

  • Carlyle buys $510 mn stake in Hyundai Glovis

    US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)....

    Jan 06, 2022 (Gmt+09:00)

  • Lotte, Shinsegae compete head-on for Ministop Korea

    South Korea's two retail heavyweights Lotte and Shinsegae are in head-to-head competition for the country's fifth-largest convenience store chain Min...

    Jan 05, 2022 (Gmt+09:00)

  • Korean Air’s post-merger plan hits snag after conditional approval

    Korean Air Lines Co. faces growing pressure from the country’s antitrust regulator to drastically adjust its post-merger integration plans afte...

    Jan 04, 2022 (Gmt+09:00)

  • MBK buys textile supplier to Nike, Adidas for $654 mn

    South Korea’s MBK Partners said on Jan. 3 that it has completed the 100% acquisition of Dongjin Textile Co. -- a Korean firm that has been sup...

    Jan 03, 2022 (Gmt+09:00)

  • SK Hynix to list Intel’s NAND unit on Nasdaq

    South Korea’s SK Hynix Inc. decided to list the recently acquired Intel Corp.’s NAND flash memory chip business on the Nasdaq in a move t...

    Dec 30, 2021 (Gmt+09:00)

  • Netmarble joins P2E market with ITAM takeover

    Netmarble Corp. is in discussion with blockchain gaming and NFT platform ITAM Games for a merger and acquisition deal. The move signals Korea's large...

    Dec 30, 2021 (Gmt+09:00)

  • Samsung Group in negotiations to buy Biogen

    South Korea's Samsung Group is in negotiations to buy Biogen Inc., a leading US-based drugmaker for neurological conditions such as Alzheimer's and d...

    Dec 30, 2021 (Gmt+09:00)

  • Coupang's No. 2 shareholder unloads over $1 bn shares

    Coupang Inc.'s second-largest shareholder Geenox Capital sold about 1.6 trillion won ($1.4 billion) worth of shares in the South Korean e-commerce pl...

    Dec 29, 2021 (Gmt+09:00)

  • Affinity picks Goldman as adviser for Burger King Korea, Japan sales

    Affinity Equity Partners has chosen Goldman Sachs as its adviser for the planned sale of its entire stakes in Burger King’s operations in Korea...

    Dec 28, 2021 (Gmt+09:00)

  • E-Mart in exclusive talks to buy US food company

    South Korea's largest supermarket chain E-Mart Inc. has spent nearly $4 billion on acquisition deals so far this year, including the $3 billion purch...

    Dec 28, 2021 (Gmt+09:00)

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