LG Electronics led monitor
Scope
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Batteries
Dust over Tesla settles; Morgan Stanley upgrades LG Chem to ‘overweight’
South Korea’s LG Chem Ltd. is an attractive stock with 27% upside potential on removal of uncertainty over its battery business spin-off and Tes...
Sep 24, 2020 (Gmt+09:00)
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Investment banking
Global IBs scurry to win IPO mandates for LG Chem’s battery business spin-off
Global investment banks are scrambling to win IPO mandates for LG Chem Ltd.’s battery business, which the South Korean company plans to hiv...
Sep 22, 2020 (Gmt+09:00)
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Batteries
Tesla CEO's tweets allay concerns over EV battery supplies; LG Chem shares rise
Shares of LG Chem Ltd. rebounded on Sept. 22 from their shaky performance in the past few sessions, buoyed by Tesla Inc. founder Elon Musk’...
Sep 22, 2020 (Gmt+09:00)
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Batteries
LG Chem says dual listing of battery subsidiary possible, rules out pre-IPO
South Korea’s LG Chem Ltd. may list its soon-to-be-launched battery subsidiary not just on the local bourse but also on overseas exchanges to ra...
Sep 18, 2020 (Gmt+09:00)
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Batteries
LG Chem to launch battery affiliate Dec. 1; IPO under review
LG Chem Ltd., South Korea’s leading chemicals maker, has endorsed a company plan to spin off its battery business as a standalone entity to stre...
Sep 17, 2020 (Gmt+09:00)
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LG Group
LG Chem to spin off battery business as wholly owned subsidiary
LG Chem Ltd. will spin off its secondary battery business into a wholly owned subsidiary in a move to foster its automotive battery business, accordin...
Sep 16, 2020 (Gmt+09:00)
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M&A
LG Household continues cross-border M&A push in cosmetics market
LG Household & Health Care Ltd. was the most aggressive South Korean cosmetics firm in the cross-border M&A market between 2010 and 2019, with...
Sep 16, 2020 (Gmt+09:00)
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LG Electronics
LG launches world's first rotatable T-shaped smartphone
LG Electronics Inc. unveiled its new smartphone LG Wing on Sept. 14 in an online event, the first product rolled out under the company’s Explore...
Sep 14, 2020 (Gmt+09:00)
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LG Chem flies lithium-sulfur battery-loaded aircraft into stratosphere
LG Chem Ltd. has completed a test flight of an unmanned plane in the stratosphere using its lithium-sulfur battery for the first time in South Korea.T...
Sep 14, 2020 (Gmt+09:00)
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Battery
LG Chem flew lithium-sulfur battery-loaded aircraft into the stratosphere.
LG Chem Ltd. has completed a test flight of an unmanned plane at the highest altitude using its lithium-sulfur battery for the first time in South Kor...
Sep 14, 2020 (Gmt+09:00)
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Asset allocation
NPS logs positive H1 return led by fixed incomes, alternatives
The National Pension Service eked out a 0.5% return on financial investments in the first half of this year, supported by solid gains from fixed-incom...
Aug 28, 2020 (Gmt+09:00)
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electric vehicle battery
Korean manufacturers tangled in EV battery feud; Korean court rules in favor of LG Chem
The Seoul Central District Court has upheld the validity of LG Chem Ltd.'s patent infringement case in the US against SK Innovation Co. in its fi...
Aug 28, 2020 (Gmt+09:00)
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Batteries
Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks
South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...
Aug 06, 2020 (Gmt+09:00)
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Automobiles
Hyundai Motor, LG to unveil jointly developed future car interior concept next month
Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...
Aug 03, 2020 (Gmt+09:00)
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Alternative investment
Money flows into alternative funds slow; regulator to up monitoring
Capital inflows into alternative investment funds in South Korea have slowed sharply so far this year compared with a year earlier due to coronavirus,...
Jun 16, 2020 (Gmt+09:00)
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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)
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Alternative investment
Hana Fin-led JV buys 4 US student housing properties for $325 mn
Hana Financial Investment Co. Ltd. and Chicago-based Scion Group have acquired a portfolio of four newly-developed student housing facilities for $325...
Nov 19, 2019 (Gmt+09:00)
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KKR, Macquarie among bidders for over $800 mn stake in LG CNS
KKR, Macquarie’s investment unit, Carlyle Group and Goldman Sachs Principal Investment Area (PIA) have joined a race to buy a stake in LG CNS Co. Ltd....
Aug 27, 2019 (Gmt+09:00)
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Credit Suisse-led fund buys Korean logistics centers for $104 mn
A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...
Jul 01, 2019 (Gmt+09:00)
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Hana Fin-led group poised to buy $185 mn Prague office complex
A consortium led by Hana Financial Investment Co. Ltd. and Hana Alternative Asset Management Co. Ltd. has been chosen as the preferred buyer for a thr...
Mar 13, 2019 (Gmt+09:00)
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Affinity Equity-led group to exercise put option on $1.8 bn Kyobo Life shares
A consortium led by Affinity Equity Partners will push ahead with exercising their right to sell shares in South Korea’s Kyobo Life Insurance Co. Ltd....
Dec 04, 2018 (Gmt+09:00)
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[Exclusive] Korea Investment-led fund buys two Boeing aircraft for $217 mn
Korea Investment & Securities Co. Ltd. has acquired two Air France-leased Boeing aircraft for $217 million via a domestic fund which raised $125 m...
Nov 24, 2018 (Gmt+09:00)
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Samsung Sec-led group to buy $760 mn stake in Dunkirk LNG terminal
A consortium of three South Korean brokerage companies led by Samsung Securities Co. Ltd. will pay around 850 billion won ($758 million) for a 39.24% ...
Jul 03, 2018 (Gmt+09:00)
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KTCU invests $71 mn in TH Real Estate-led purchase of China outlet malls
The Korean Teachers’ Credit Union (KTCU) has invested 77 billion won ($71 million) in a fund of TH Real Estate which acquired two premier outlet malls...
Mar 25, 2018 (Gmt+09:00)
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US, HK public funds join TPG-led group to co-invest $50 mn in Kakao Mobility
Two US state pension funds and a Hong Kong public fund have invested 50 billion won ($47 million) in aggregate to buy a minority stake in South Korea’...
Feb 21, 2018 (Gmt+09:00)
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Brookfield, GIC join CVC-led group in final bidding for Korea’s ADT Caps
CVC Capital Partners has formed a consortium with Brookfield Asset Management and Singapore’s sovereign wealth fund GIC to make a final bid for South ...
Feb 07, 2018 (Gmt+09:00)
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PAG buys Seoul office building from POBA-led fund for $270 mn
Asia-based investment firm Pacific Alliance Group (PAG) has bought an office building in southern Seoul from a fund led by the Public Officials Bene...
Oct 10, 2017 (Gmt+09:00)
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NPS to buy stake in UK high-speed railway for $350 mn in InfraRed-led investment
South Korea’s National Pension Service (NPS) is expected to invest around 400 billion won ($353 million) in acquiring a 30% stake in Britain’s High Sp...
Jul 16, 2017 (Gmt+09:00)
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Korea Investment-led firms to buy EU parliament building for $224 mn
A consortium of Korea Investment & Securities Co. Ltd. and Hana Asset Management Co. Ltd. are tapping domestic institutional investors to acquire ...
Jan 10, 2017 (Gmt+09:00)
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Korea public officials’ fund to be anchor LP of PAG-led property debt fund
Asia-based alternative investment firm Pacific Alliance Group (PAG) is teaming up with a South Korean brokerage company to launch about a 200 billion ...
Oct 10, 2016 (Gmt+09:00)
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