E-Infra Group
Scope
Date
~
-
Corporate strategy
Amazon, SK Telecom join hands in Korea e-commerce market
SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...
Nov 15, 2020 (Gmt+09:00)
-
Electric vehicles
Hyundai Motor, SP Group to expand EV battery business in Singapore
Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...
Nov 12, 2020 (Gmt+09:00)
-
Earnings
Kakao’s Q3 sales, operating profit soar on e-commerce, online ad gains
South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...
Nov 05, 2020 (Gmt+09:00)
-
Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal
South Korea’s trading company Hyundai Corporation will face China’s Railway Construction Corporate (CRCC) in a bid to secure an $18 billio...
Nov 03, 2020 (Gmt+09:00)
-
Infrastructure fund
KKR’s $3 bn Asia infra fund to raise $200 mn from Korea
South Korean pension funds and insurance companies will commit $200 million in aggregate to KKR’s first Asia infrastructure fund targeting to ra...
Oct 27, 2020 (Gmt+09:00)
-
Doosan Infracore
GS E&C challenges Hyundai Heavy in Doosan deal
GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...
Oct 22, 2020 (Gmt+09:00)
-
M&As
Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal
Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...
Oct 07, 2020 (Gmt+09:00)
-
League table
Credit Suisse lead-manages Doosan Group’s restructuring deals
Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...
Oct 05, 2020 (Gmt+09:00)
-
M&As
Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market
Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...
Sep 23, 2020 (Gmt+09:00)
-
Restructuring
Kumho Asiana Group eyes sale of affiliate golf course and resort
Kumho Asiana Group, the parent company of cash-strapped Asiana Airlines Inc., plans to put up affiliate Kumho Resort for sale as part of self-rescue m...
Sep 21, 2020 (Gmt+09:00)
-
Venture capital
KB Investment bulks up VC funds as parent group drives SE Asia expansion
KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in ...
Sep 21, 2020 (Gmt+09:00)
-
Electric vechicle
Urgent need to expand Korea's EV charging infrastructure: lobby group
It is critical that the South Korean government and carmakers swiftly move to increase local charging stations for electric vehicles and secure raw ma...
Sep 17, 2020 (Gmt+09:00)
-
Entertainment
Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst
South Korea’s leading drama producer Studio Dragon Corp. is expected to post handsome earnings in coming years, boosted by a steady stream of jo...
Sep 16, 2020 (Gmt+09:00)
-
Bio
Celltrion group tipped to exceed 1 trillion won in profit; first among bio firms
South Korea’s Celltrion Inc. and its affiliates are expected to post robust operating profits this year on the back of strong sales of Remsima a...
Sep 15, 2020 (Gmt+09:00)
-
M&A
Bakery franchise Tous Les Jours draws Affirma Capital, chemical group as bidders
Bakery franchise Tous Les Jours, a division of CJ Foodville Corp., has drawn four preliminary bidders for its sale, including Singapore-based Affirma ...
Sep 11, 2020 (Gmt+09:00)
-
Private equity
IMM PE to sell Hollys Coffee to Korean chemical-to-steel group
Seoul-based IMM Private Equity is in the final stages of talks to sell South Korea’s Hollys Coffee to the country’s chemical- to steel-foc...
Sep 09, 2020 (Gmt+09:00)
-
Doosan Group
Doosan Group inks sale of copper foil maker to PEF SkyLake for $588 mn
Doosan Group has agreed to sell Doosan Solus Co. Ltd., a copper foil and OLED materials maker, to South Korean private equity firm SkyLake Investment ...
Sep 04, 2020 (Gmt+09:00)
-
Private equity
Carlyle Group to exit from Korean OEM apparel exporter in seven years
The Carlyle Group has sold off its stake in South Korea's Yakjin Trading Corp., an original equipment manufacturer (OEM) for global brands such a...
Aug 21, 2020 (Gmt+09:00)
-
IPO
SK to invest $300 million in ChinData Group by joining in pre-IPO share sale
SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...
Aug 10, 2020 (Gmt+09:00)
-
KOSPI
Kospi's 12-month P/E ratio hits a 13-year high
Kospi has posted a 13-year high with 12-month forward price-earnings ratio recording 12.84 times on August 6, according to financial data provide...
Aug 10, 2020 (Gmt+09:00)
-
M&A
NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio
A consortium led by NH Investment & Securities Co. Ltd. has been named as a preferred buyer for infrastructure assets worth $400 million in Austra...
Aug 06, 2020 (Gmt+09:00)
-
Doosan Group
Debt-laden Doosan Group puts Doosan Infracore up for sale to secure cash
Doosan Group kicked off the sale process for Doosan Infracore, the group’s construction equipment builder, with the sale manager ...
Jul 24, 2020 (Gmt+09:00)
-
Carlyle Group
Carlyle raises $600 mn for infra credit fund with top Korean banking groups
The Carlyle Group has raised $600 million for an infrastructure credit fund in South Korea jointly with two domestic financial services firms to lend ...
Jul 13, 2020 (Gmt+09:00)
-
Debt financing
Meritz Securites funds KKR’s German media group acquisition
Meritz Securities Co. Ltd. has provided 200 million euros ($218 million) in a senior loan to fund KKR & Co.’s $3.4 billion purchase in 2019 ...
Feb 11, 2020 (Gmt+09:00)
-
Pension fund
NPS sets up $860 mn Vietnam investment fund with SK Group
The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...
Dec 18, 2019 (Gmt+09:00)
-
Private equity
Macquarie buys $800 mn stake in LG Group’s IT firm
Macquarie’s South Korean unit signed a definitive agreement on Dec. 6 to buy a non-controlling stake in LG CNS Co. Ltd., an IT services arm of L...
Dec 07, 2019 (Gmt+09:00)
-
Startup
SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups
SK Group will set up a 1 trillion won ($850 million) fund with China’s private equity firm Hillhouse Capital Group to invest in Chinese start-up...
Dec 02, 2019 (Gmt+09:00)
-
Pension fund
[RFP] Construction workers’ fund to commit $25 mn to global infra debt fund
The Construction Workers Mutual Aid Association (CWMA) plans to commit $25 million to a global infrastructure blind-pool fund investing in senior or m...
Nov 20, 2019 (Gmt+09:00)
-
Korean investors
[Survey] Transport remains top pick for Korean LPs’ 2020 infra investment
South Korean institutional investors will continue to increase their allocations to overseas infrastructure next year, and transport facilities such a...
Oct 28, 2019 (Gmt+09:00)
-
Hanwha Group units underwrite $240 mn debt on US car park operator
Hanwha Investment & Securities Co. Ltd. and two other financial arms of South Korea’s Hanwha Group have underwritten $240 million of a 30-year deb...
Sep 26, 2019 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer