Samsung shares block sale
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Date
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Battery
SK Lubricants up for sale as parent firm bulks up EV battery business
SK Innovation Co. Ltd., the single shareholder of SK Lubricants Co. Ltd., has put the lube base oil supplier up for sale as the parent company seeks n...
Aug 13, 2020 (Gmt+09:00)
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Bio
Samsung Biologics to double bioreactor capacity with $1.5 bn new plant
Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...
Aug 11, 2020 (Gmt+09:00)
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Private equity
Foreign insurers’ Korean units likely up for sale on tougher rules, falling profits
Following in the footsteps of Prudential Financial Inc., foreign insurance companies are expected to put their Korean units up for sale to meet tighte...
Aug 11, 2020 (Gmt+09:00)
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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)
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TPG, online portal Naver eyeing Korean drama producer’s pre-IPO share sale
The US private equity firm TPG Capital and South Korea’s top Internet portal Naver Corp. have participated in preliminary bidding for a pre-IPO ...
Aug 07, 2020 (Gmt+09:00)
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Insurance
US insurer Cigna’s Korean unit says no decision yet on its possible sale
LINA Life Insurance Co., wholly owned by the US life insurance group Cigna, said on August 6 that its parent group has not made a decision to sell the...
Aug 06, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic
Samsung Electronics Co. is seen narrowing its chip business revenue with Intel Corp. as the global semiconductor market continues to grow despite the ...
Aug 05, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung narrows gaps fast with image sensor market leader Sony
Samsung Electronics Co. is narrowing gaps fast with Sony Corp., the global leader in image sensors, which are widely used in smartphone cameras and ot...
Aug 04, 2020 (Gmt+09:00)
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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)
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Insurance
US insurer Cigna to put Korean life insurance arm up for sale
The US life insurance group Cigna has recently decided to put its South Korean insurance unit on the market and hired Goldman Sachs as the sale manage...
Jul 24, 2020 (Gmt+09:00)
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Shareholder activism
Local activist fund KCGI opposes Korean Air's sale of in-flight businesses
Korea Corporate Governance Improvement (KCGI), a local activist private equity fund, is unhappy with Korean Air Lines Co. Ltd's decision to sell ...
Jul 17, 2020 (Gmt+09:00)
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Banks
Carlyle to invest $415 mn in KB Financial, betting on share rebound
The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...
Jun 19, 2020 (Gmt+09:00)
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Debt
Export-Import Bank of Korea ups Aussie bond sale size to $460 mn on demand
The Export-Import Bank of Korea (KEXIM) has nearly doubled the size of its planned new bond sale in Australia to A$700 million ($460 million) on stron...
May 20, 2020 (Gmt+09:00)
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Korean Air
Korean Air to raise $817 mn in rights issue; in talks with PEFs on asset sales
Korean Air Lines Co. Ltd. unveiled its largest rights offering plan on May 13 to raise 1 trillion won ($817 million) for debt repayment, after it open...
May 13, 2020 (Gmt+09:00)
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M&A
eBay puts South Korean unit up for sale in $4 bn deal
eBay Inc. has decided to sell 100% of its South Korean operations which it valued at about 5 trillion won ($4 billion), the latest in a series of reor...
Mar 04, 2020 (Gmt+09:00)
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Shareholder activism
Elliott sells off over $1 bn shares in Hyundai Motor, two affiliates in two yrs
Elliott Management Corp. has disposed of all its shares in three key units of the Hyundai Motor Group, currently worth $1.5 billion, after its nearly ...
Jan 23, 2020 (Gmt+09:00)
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Logistics
Samsung Sec buys Amazon logistics center in Czech for $160 mn: report
Samsung Securities Co. Ltd. has bought Amazon’s only logistics center in Czech Republic for 186 billion won ($160 million), in its fourth acquis...
Oct 31, 2019 (Gmt+09:00)
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Korea Investment, Samsung SRA to buy Manhattan building for $500 mn
Korea Investment & Securities Co. Ltd. and Samsung SRA Asset Management Co. Ltd. have teamed up to buy an office tower in Manhattan from JPMorgan&...
Sep 24, 2019 (Gmt+09:00)
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Samsung Sec to cooperate with Canada pension fund for infrastructure deals
Samsung Securities Co. Ltd. has signed a preliminary agreement with Canadian pension scheme La Caisse de dépôt et placement du Québec (CDPQ) to cooper...
Sep 06, 2019 (Gmt+09:00)
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Samsung Sec buys Amazon warehouse in Germany for $215 mn: report
Samsung Securities Co. Ltd. has recently closed the acquisition of Amazon’s new logistics center in Germany for 260 billion won ($215 million), in an ...
Sep 04, 2019 (Gmt+09:00)
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Hanwha General eying 2020 IPO; Samsung may cash in $800 mn stock
Hanwha General Chemical Co. Ltd. is aiming to list on the Korea Stock Exchange next year, which may lead to Samsung Group’s two arms disposing of rema...
Aug 03, 2019 (Gmt+09:00)
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Sale of Korean game firm cancelled in lack of strategic buyers
The planned sale of the parent company of South Korea’s biggest online gaming firm Nexon Co. Ltd., was abruptly cancelled after it failed to narrow th...
Jun 26, 2019 (Gmt+09:00)
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Samsung Sec to buy French office complex for $778 mn
Samsung Securities Co. Ltd. is set to acquire an office building west of Paris for 691 million euros ($778 million), following a string of recent prop...
Jun 09, 2019 (Gmt+09:00)
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PGIM to secure $60 mn from Seoul office sale to Keppel
PGIM Inc., the asset management arm of US-based Prudential Financial Inc., is set to pocket about 70 billion won ($60 million) in capital gains from i...
Apr 28, 2019 (Gmt+09:00)
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Samsung-Hanwha consortium tipped to invest $300 mn in Paris building
A consortium of Samsung Securities Co. Ltd. and Hanwha Investment & Securities Co. Ltd. is likely to invest 340 billion won ($299 million) in a Pa...
Apr 05, 2019 (Gmt+09:00)
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KIC reaps $48 mn from London office building sale
Korea Investment Corporation (KIC) has secured 37 million pounds ($48 million) in proceeds from the recent 107 million-pound sale of a London office b...
Jan 23, 2019 (Gmt+09:00)
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Unison Capital puts bubble tea franchise Gong Cha up for sale
Private equity firm Unison Capital Inc. has put bubble tea franchise Gong Cha on the market, a deal estimated at up to $442 million, as the South Kore...
Jan 23, 2019 (Gmt+09:00)
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Korean REIT nets $31 mn from Tokyo property stake sale
JR AMC Co. Ltd., a real estate investment trust manager in South Korea, has recently disposed of its stake in a luxury office building in central Toky...
Jan 11, 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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Samsung Life sells Commerzbank’s London headquarters for $590 mn
Samsung Life Insurance Co. Ltd. has completed the sale of Commerzbank AG’s London headquarters to Singapore’s property investment firm Wing Tai Holdin...
Nov 29, 2018 (Gmt+09:00)
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