EQT Shinhan Financial Group
Scope
Date
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Real Estate
Hana Financial acquires $740 mn Seattle office tower
Hana Financial Investment has acquired a 95% stake in a 38-story downtown Seattle office tower for $740 million from Skanska AB, a Swiss-based m...
Dec 29, 2020 (Gmt+09:00)
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Patrizia
Shinhan Alternative commits $245 mn to residential fund in Europe
Shinhan Alternative Investment Management Inc. has committed 200 million euros ($245 million) to a multifamily housing fund in Europe managed by Pat...
Dec 17, 2020 (Gmt+09:00)
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Shipping & Shipbuilding
Three Korean consortiums in final bid for Hanjin Heavy
South Korea’s Hanjin Heavy Industries & Construction Co. has drawn three final bidding groups comprised of domestic companies and private ...
Dec 14, 2020 (Gmt+09:00)
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Future mobility
Hyundai Motor says group chief to buy 20% of Boston Dynamics
Hyundai Motor Group Chairman Chung Euisun has agreed to take a 20% stake in Boston Dynamics Inc. as part of the South Korean group’s acquisiti...
Dec 11, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Shinhan, Hana fund KKR’s $5.6 bn UK deal with $63 mn in loans
Two leading South Korean banks – Shinhan and Hana – have provided a combined 47 million pounds ($63 million) in senior loans to finance ...
Dec 04, 2020 (Gmt+09:00)
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Leadership & Management
LG to hive off trading, four other units into new group
South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...
Nov 26, 2020 (Gmt+09:00)
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Leadership & Management
LG Group ex-chair eyes spin-off of trading, logistics units
LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...
Nov 16, 2020 (Gmt+09:00)
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REITs
SK Group mulls headquarters buyback through REIT
Energy-to-telecom-focused SK Group is considering buying back its headquarters in Seoul through a real estate investment trust (REIT) vehicle after th...
Nov 16, 2020 (Gmt+09:00)
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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)
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Alternative investments
Shinhan arranges $120 mn loan for Cerberus US deal
Shinhan Financial Group has arranged a $120 million loan to finance Cerberus Capital Management’s acquisition of operations in a leading US-base...
Nov 10, 2020 (Gmt+09:00)
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Sovereign wealth funds
KIC CEO Choi Heenam named S.Korea’s financial ambassador
South Korea’s Ministry of Foreign Affairs has appointed Choi Heenam, chief executive of the Korea Investment Corporation (KIC), as the country's...
Nov 04, 2020 (Gmt+09:00)
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Business expansion
Shinhan closing in on HSBC to be top foreign bank in Vietnam
Shinhan Bank Vietnam Ltd., the Vietnamese subsidiary of Shinhan Bank, is close to becoming the top foreign bank in Vietnam thanks to its solid perform...
Oct 27, 2020 (Gmt+09:00)
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Alternatives
Korean insurers, Shinhan Alternative commit $130 mn in KKR CMBS fund
South Korea's insurers along with Shinhan Alternative Investment Management Inc. have committed $130 million in the real estate stabilized credit (RES...
Oct 23, 2020 (Gmt+09:00)
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Biotech stocks
Once high-flying bio stock hit by financial scandal
Helixmith Co., once No.2 stock on the junior Kosdaq market, has lost 40% in the past week following its disclosure of $233 million investment in high-...
Oct 21, 2020 (Gmt+09:00)
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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)
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Bond issue
Shinhan Card to issue $300 mn in dollar bonds; first such issue in 13 years
Shinhan Card Co. is set to issue $300 million (about 340 billion won) worth of dollar bonds at the end of this month for overseas investors, according...
Oct 06, 2020 (Gmt+09:00)
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M&As
Shinhan seeks to acquire stake in JV with BNP Paribas in split move
Shinhan Financial Group is seeking to acquire a stake held by BNP Paribas in a joint venture in what is widely seen as the South Korean holding compan...
Oct 06, 2020 (Gmt+09:00)
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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)
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KB Financial to end coal project financing for low-carbon economy
KB Financial Group will no longer finance coal power projects at home and abroad, nor invest in them, said the South Korean banking group, with a set ...
Sep 28, 2020 (Gmt+09:00)
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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)
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Bond issue
Shinhan Bank sells $285 mn in Australian-dollar social bonds
Shinhan Bank has raised A$400 million ($285 million) in five-year bonds denominated in the Australian dollar to fund lending to pandemic-hit companies...
Sep 23, 2020 (Gmt+09:00)
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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)
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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)
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Real Estate
Hana Financial named preferred buyer of $700 mn Seattle office tower: report
A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...
Sep 18, 2020 (Gmt+09:00)
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Korean Air seeks to sell 73-story skyscraper amid financial woes
Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...
Sep 17, 2020 (Gmt+09:00)
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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)
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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)
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Private equity
KKR’s strategic relationship with Shinhan Financial fizzles
Back in 2018, KKR & Co. tentatively agreed to buy a minority stake in South Korea’s Shinhan Financial Group to build a strategic relationshi...
Sep 15, 2020 (Gmt+09:00)
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Renewable Energy
Hana Financial to fund Australia solar power project with $146 mn senior debts
Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...
Sep 14, 2020 (Gmt+09:00)
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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)