franchise owners

Airlines Sono Hospitality becomes new owner of Korean budget carrier T’way Air

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

Tech, Media & Telecom KT to sell financial security unit for $59 mn for restructuring

South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...

Food & Beverage SPC Samlip to export ggultteok in H1 2025

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, said on Monday that its rice cake franchise Bizeun developed ...

Banking & Finance Lotte Card Card to launch loans for affiliates in Vietnam

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...

Korean food S.Korea's BBQ enters world's most populous market, India

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering India, the world&rs...

ASK 2024 Private debt remains attractive; NPLs rekindle interest

Private debt remains attractive for South Korean pension and big asset owners, although they may offer lower yields than before given recent interes...

ASK 2024 UCK Partners advises Korean-style approach for buyout deals

An increasing number of South Korean companies are on the radar of private equity investors as the firms undergo digital transformation and generati...

Shareholder activism Activist fund Palliser demands SK Square draw up value-boosting measures

UK-based activist fund Palliser Capital Ltd. is calling on SK Square Co., the investment arm of South Korea’s second-largest conglomerate SK G...

Korean food Mom's Touch to enter Laos in 2025

South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...

Mergers & Acquisitions Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK

Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...

Food & Beverage BBQ Chicken to enter Indonesian market

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, said on Monday that it signed a master franchise agreement with PT ...

Electric vehicles After Mercedes Fire, EV Owners Want to Know What Battery They Have

SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...

Food & Beverage Tous les Jours to enter Singapore market

CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of the bakery chain brand Tous les Jours, announced on Monday t...

Private debt Value in the middle market: Smaller size means greater potential

Middle market direct lending can mean different things to different lenders and investors. Many, if not most, would agree that companies with over $...

Retail E-Land Retail to enter convenience store market

South Korea's E-Land Retail, the operator of Kim's Club, NC Department Store, and New Core Outlet operator, plans to enter the convenience store mar...

Food & Beverage Tous les Jours to open five stores in Cambodia

Tous les Jours, the bakery brand under South Korea's CJ Foodville, announced on Monday that CJ Foodville signed a master franchise (MF) agreement wi...

Economy Burger, chicken franchises raise prices after elections

Fried chicken and hamburger franchises in South Korea have sharply bumped up their food prices following the parliamentary elections last week as th...

Food & Beverage Hollys Coffee goes to Japan as Korean franchises turn gaze abroad

Hollys Coffee, a unit of South Korea’s KG Group, is opening its first overseas outlet in Osaka, Japan, riding on the popularity of Korean cult...

Korean games Krafton eyes mega M&A, PUBG franchise deals: Krafton chair

Krafton Inc., South Korea’s gaming behemoth, is gearing up for the second chapter of its business through “mega” M&A deals and...

Food & Beverage Mom’s Touch to open first store in Japan

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...

Insurance Lotte Insurance's value rises with long-term care expansion

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

Automobiles Hyundai, Kia enjoy renewed popularity of LPG trucks Porter, Bongo

Many economists are trumpeting weak business conditions for the coming months. But an economic slowdown isn’t all that bad for Hyundai Motor C...

Electronics Korea’s troubled kimchi fridge maker Winia seeks new owner

Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...

Food & Beverage Fried chicken chain bhc to enter Thailand in 2024

South Korea’s No. 2 fried chicken brand bhc Group announced on Thursday that it signed a master franchise agreement with Thailand’s Me...

Food & Beverage Mom's Touch Tokyo pop-up store visitors exceed 30,000

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday its pop-up store in Shibuya, Tokyo, Japan successfully con...

Robotics Lotteria to introduce kitchen robot Alpha Grill

South Korea's Lotte GRS, the operator of fast food franchise Lotteria, plans to introduce a kitchen automation robot Alpha Grill in stores. Alp...

Korean food Kkanbu Chicken opens first overseas store in Philippines

South Korea's chicken franchise Kkanbu Chicken opened its first overseas branch in Manila's Solaire Resort.According to the company on Tuesday, the ...

Food & Beverage South Korea’s Dailybeer to enter into Singaporean market

Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...

Retail K-food, beauty franchise stores set for Laos foray

Laos’ largest private company Kolao Group has attracted about a dozen South Korean franchise operators to join its aggressive push into the So...

Regulations Korea's GS Caltex faces FTC probe into intra-group trading

The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...