MBK 2022 performance
Scope
Date
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Batteries
Aekyung Chemical develops hard carbon of SIB
South Korea's Aekyung Chemical Co. announced on Wednesday that it developed a high-performance hard carbon material that functions as the main anode...
May 08, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s Lotte Card injects $68 mn into Vietnamese unit
Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...
May 02, 2024 (Gmt+09:00)
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E-commerce
MBK to delist Korean e-commerce Connectwave after tender offer
MBK Partners, one of the largest Asian private equity firms, is set to delist South Korea’s leading e-commerce operator Connectwave Co. from t...
Apr 29, 2024 (Gmt+09:00)
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Airlines
MBK, Air Premia team up for Asiana’s cargo unit; Jeju Air exits
South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s ...
Apr 25, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace, Poland sign $1.6 billion Chunmoo rocket launcher deal
Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch ...
Apr 25, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor ties up with CATL to reinvigorate China market with EVs
BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global...
Apr 25, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Blackstone signs over $1 bn deal with MBK for 1st exit in Korea
Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp....
Apr 22, 2024 (Gmt+09:00)
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Private equity
MBK eyes stake in Korean software developer Tmaxsoft
North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years aft...
Apr 18, 2024 (Gmt+09:00)
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Food & Beverage
Korea’s makgeolli market hits brakes amid whiskey fad
The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...
Apr 09, 2024 (Gmt+09:00)
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Artificial intelligence
LG Group’s AI academy to foster young talent bears fruit
On April 6, at LG Inwhawon, called LG Academy in English, in Icheon, Gyeonggi Province, 99 college students and twenty-somethings were wrestling wit...
Apr 07, 2024 (Gmt+09:00)
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Airlines
Jeju Air, MBK Partners in talks to buy Asiana’s cargo unit
South Korea’s top budget carrier Jeju Air Co. is in talks with North Asia-focused private equity firm MBK Partners to acquire Asiana Airlines ...
Apr 05, 2024 (Gmt+09:00)
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Private equity
Korea, Japan lead Asia's buyout markets: MBK Partners
South Korea and Japan are the two most important markets for buyouts in Asia, and China is still a significant private market with potential for mid...
Apr 01, 2024 (Gmt+09:00)
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Chemical Industry
SK Geo Centric, Youlchon Chemical to develop recyclable plastic
South Korea's SK Geo Centric Co. and Youlchon Chemical Co. announced on Sunday that they signed a memorandum of understanding (MOU) to co-develop re...
Apr 01, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor opens N brand tuning online shop
Hyundai Motor Co. announced on Friday that it opened an online shop for its high-performance car N brand's tuning, The N Performance Shop. The ...
Mar 29, 2024 (Gmt+09:00)
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Automobiles
Kia, Hyundai sweep World Car Awards with EV9, IONIQ 5 N
NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...
Mar 28, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS to lead digital transformation at FPT in Vietnam
LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transformation of FPT Group, a...
Mar 26, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai boosts Genesis with enhanced performance, luxury
NEW YORK -- Hyundai Motor Co., South Korea’s top automaker, is set to boost its premium brand Genesis with performance models and more luxury ...
Mar 26, 2024 (Gmt+09:00)
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Debt financing
MBK secures $1 bn refinancing on Homeplus from Meritz
MBK Partners, the North Asia-focused private equity firm, has refinanced all of its 1.3 trillion won ($1 billion) loans on Homeplus with a new one f...
Mar 22, 2024 (Gmt+09:00)
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Investment banking
MBK’s Michael ByungJu Kim: Most influential in Korea’s capital market
Michael ByungJu Kim, co-founder and partner of Northeast Asia-focused private equity firm MBK Partners Ltd., has been chosen as the most influential...
Mar 11, 2024 (Gmt+09:00)
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Leadership & Management
LG Electronics puts focus on customers to drive growth
LG Electronics Inc., transitioning into a smart life solution platform company from a simple white goods manufacturer, will enhance its customer-cen...
Feb 19, 2024 (Gmt+09:00)
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Banking & Finance
Korean bank branch closures accelerate as online deals grow
South Korean banks are accelerating moves to close branches given the growth in digital transactions and decline in offline customers but financial ...
Feb 19, 2024 (Gmt+09:00)
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Automobiles
Genesis G80, GV70 electric models win Canada Car of the Year awards
Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...
Feb 16, 2024 (Gmt+09:00)
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Private equity
MBK Partners' key asset draws young customers: Modern House
Modern House, the top home decoration brand in South Korea, sticks to a unique rule for its store operations: one-third of the products on the shelv...
Feb 15, 2024 (Gmt+09:00)
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Economy
South Korea’s corporate tax-to-GDP ratio hits record high
South Korean companies paid more corporate taxes than their rivals in developed countries in 2022, losing competitiveness, with the nation’s c...
Feb 15, 2024 (Gmt+09:00)
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Aerospace & Defense
KAI to invest $76 mn in unmanned fighter jets
Korea Aerospace Industries Ltd. (KAI) has announced that it plans to invest 102.5 billion won ($76.64 million) in the development of core technologi...
Feb 14, 2024 (Gmt+09:00)
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Electronics
LG Innotek’s task ahead: Lessen reliance on Apple
LG Innotek Co. faces growing pressure to lessen its reliance on Apple Inc., which accounts for 70% of its sales. The iPhone maker has been reducing ...
Feb 14, 2024 (Gmt+09:00)
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Electronics
Samsung to release pianist Seong-Jin Cho’s 8K video
Samsung Electronics Co. announced on Thursday that it will release the worldwide famous pianist Seong-Jin Cho’s live performance video in 8K...
Feb 08, 2024 (Gmt+09:00)
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Alternative investments
S.Korean investors name their 42 favorite alternative asset managers
Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firm...
Feb 08, 2024 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 inks $3.2 bn missile defense deal with Saudi Arabia
South Korea's major defense system developer LIG Nex1 Co. has clinched a $3.2 billion deal to export its latest missile interceptor to Saudi Arabia,...
Feb 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis sees record high performance in 2023
South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts maker, reported on Friday that its revenue was 59.25 trillion won ($44...
Jan 26, 2024 (Gmt+09:00)