Peak Bio-Ignyte Acquisition IPO
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Mergers & Acquisitions
Woori Financial acquires Korea Foss Securities to offer brokerage services
Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...
May 03, 2024 (Gmt+09:00)
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Upcoming IPOs
Overhang concerns loom over HD Hyundai Marine IPO shares
Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...
May 03, 2024 (Gmt+09:00)
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Retail
Shinsegae faces off with Affinity, BRV over SSG.COM
Shinsegae Group could face a legal battle against two private equity firms that are demanding it buy back their combined 1 trillion won ($727 millio...
Apr 29, 2024 (Gmt+09:00)
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IPOs
HD Hyundai Marine IPO sees strong demand from retail investors
South Korea’s HD Hyundai Marine Solution Co. has attracted billions of dollars from retail investors in subscription deposits for the ship mai...
Apr 26, 2024 (Gmt+09:00)
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IPOs
Machine tool maker DN Solutions kicks off IPO process
DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initia...
Apr 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor's Chung visits India amid talks of Indian arm's IPO
Hyundai Motor Group Chairman and Chief Executive Chung Euisun visited the headquarters of the group’s Indian operations earlier this week and ...
Apr 25, 2024 (Gmt+09:00)
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Upcoming IPOs
Korchip sets IPO price above expected range
South Korea's micro secondary battery manufacturer Korchip set its IPO price at 18,000 won ($13.15), exceeding the upper end of the expected range (...
Apr 24, 2024 (Gmt+09:00)
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Real estate
Hanjin KAL to sell Waikiki Resort Hotel to Sono for $101 mn
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Wai...
Apr 19, 2024 (Gmt+09:00)
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Upcoming IPOs
Korea’s vision AI startup Superb AI eyes IPO in H1, 2026
South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its business portfolio, is seek...
Apr 18, 2024 (Gmt+09:00)
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Private equity
Daesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...
Apr 17, 2024 (Gmt+09:00)
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Upcoming IPOs
Korean lidar venture SOSLab eyes Kosdaq debut in May
South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to banking sources on Su...
Apr 15, 2024 (Gmt+09:00)
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Upcoming IPOs
F&B chain operator TheBorn Korea eyes IPO in 2024
South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...
Apr 12, 2024 (Gmt+09:00)
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Bio & Pharma
Bio startup ArtBlood attracts $4.8 mn investment
South Korean bio startup ArtBlood, specializing in blood production for transfusion, announced on Tuesday that it successfully secured an investment...
Apr 09, 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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Fiber & Textile
Hyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam
Hyosung TNC Corp., the world’s top spandex maker, plans to invest $1 billion in new bio-textile materials plants in Vietnam to accelerate its ...
Apr 03, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine Solution aims for top spot in global ship repair market
When the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a ...
Apr 03, 2024 (Gmt+09:00)
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Upcoming IPOs
Korea’s IPO market heats up with HD Hyundai Marine, K Bank
South Korea’s initial public offering market is heating up as HD Hyundai Marine Solution Co., which aims to raise 742.6 billion won ($553.4 mi...
Mar 25, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung begins new drug development for rare diseases
Samsung Bioepis Co., a biosimilar development unit of South Korea’s top conglomerate Samsung Group, has begun its new drug development busines...
Mar 24, 2024 (Gmt+09:00)
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Corporate restructuring
LG Chem reshuffles R&D unit to turn into EV materials maker
LG Chem Ltd., South Korea’s largest petrochemical company, is strengthening its research & development capabilities as it aims to transfor...
Mar 18, 2024 (Gmt+09:00)
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Artificial intelligence
Lunit gets court approval for Volpara acquisition in New Zealand
South Korean medical AI company Lunit announced on Thursday that it received the first approval from the High Court of New Zealand for its plan to a...
Mar 14, 2024 (Gmt+09:00)
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Artificial intelligence
LG, Jackson Lab to jointly develop AI models for Alzheimer’s, cancers
LG AI Research, the artificial intelligence research arm of South Korea’s LG Group, and the Jackson Laboratory (JAX), a US non-profit biomedic...
Mar 11, 2024 (Gmt+09:00)
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Real estate
Seoul landmark Donuimun D Tower put up for sale
South Korean real estate firm Mastern Investment Management is set to sell off Donuimun D Tower, a landmark office building in Seoul, for about 900 ...
Mar 11, 2024 (Gmt+09:00)
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Chemical Industry
HD Hyundai Chemical to produce eco-friendly bio-naphtha
South Korea's HD Hyundai Chemical Co. announced on Thursday that it will collaborate with CJ CheilJedang Corp. to produce eco-friendly bio-naphtha...
Mar 07, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor unveils 2024 Staria Hybrid
Hyundai Motor Co. announced on Wednesday that it will begin pre-orders for the upcoming Staria Hybrid model and the 2024 Staria on Feb. 28. H...
Feb 28, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung targets gene therapy sector through US investments
Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...
Feb 27, 2024 (Gmt+09:00)
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Artificial intelligence
LG to use AI for early detection of air conditioner anomalies
LG Electronics Inc. has introduced an artificial intelligence technology for early detection of anomalies in its commercial air conditioning systems...
Feb 20, 2024 (Gmt+09:00)
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IPOs
Series C startup Wefun eyes 2025 IPO in S.Korea
Wefun, a Seoul-based startup operating an office maintenance, repair and operation (MRO) platform, plans to go public next year after successfully r...
Feb 20, 2024 (Gmt+09:00)
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IPOs
Naver enlists Goldman Sachs, Morgan Stanley for US IPO of webtoon unit
South Korea’s leading online platform operator Naver Corp. plans to list shares of Los Angeles-based affiliate Webtoon Entertainment Inc. on t...
Feb 19, 2024 (Gmt+09:00)
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Korean startups
Venture downturn keeps Korean unicorns from acquisitions
South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...
Feb 16, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem, CJ CheilJedang to launch eco-friendly bio-nylon joint venture
South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-...
Feb 15, 2024 (Gmt+09:00)
Latest News
- 1 Hankook & Company to set up CVC with $11 mn in funding
- 2 Korea Securities Finance eyes its 1st foreign bond sale in 2026
- 3 BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
- 4 Korea’s top cinema chains seek merger to counter box office slump
- 5 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds