Select Equity Group
Scope
Date
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Steel
POSCO to revive India steel mill construction plan
POSCO Co. plans to build a steel mill jointly with India's Adani Group in western India, the South Korean steelmaker said on Thursday, after its pre...
Jan 13, 2022 (Gmt+09:00)
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Automobiles
Motional to begin robotaxi dispatch next year
US-based autonomous vehicle company Motional Inc. announced its plans for the commercialization of driverless cars based on the all-electric Hyundai...
Jan 13, 2022 (Gmt+09:00)
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Shareholder value
Tighter rules on business split-ups may benefit SK Inc.
As South Korean securities regulators are moving to tighten their grip on the growing trend of splitting up businesses and listing the spun-off arms...
Jan 11, 2022 (Gmt+09:00)
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Mobile networks
SK, Qualcomm discuss cooperation on memory chips
LAS VEGAS – Chief executives of South Korea's energy-to-telecom conglomerate SK Group on Thursday met with Qualcomm CEO Cristiano Amon and dis...
Jan 07, 2022 (Gmt+09:00)
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Construction
Dubai sovereign fund injects $52 mn in debt-laden Ssangyong E&C
Ssangyong Engineering & Construction Co. has raised 62.1 billion won ($51.6 million) in a rights issue from its largest shareholder Investment C...
Jan 06, 2022 (Gmt+09:00)
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Private equity
Carlyle buys $510 mn stake in Hyundai Glovis
US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)...
Jan 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Lotte, Shinsegae compete head-on for Ministop Korea
South Korea's two retail heavyweights Lotte and Shinsegae are in head-to-head competition for the country's fifth-largest convenience store chain Mi...
Jan 05, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy partners with Palantir for big data platform
South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set up a big data platfor...
Jan 05, 2022 (Gmt+09:00)
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Alternative investments
Hana Alternative to sell NASA HQ acquired in 2017
Hana Alternative Assets Management Co. is looking for a buyer of Two Independence Square in Washington D.C., the NASA headquarters. Hana has selecte...
Jan 04, 2022 (Gmt+09:00)
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Pension funds
NPS posts 7.6% return as of October 2021
South Korea’s National Pension Service (NPS) posted a 7.6% rate of return as of October 2021, according to a preliminary data report by its in...
Jan 03, 2022 (Gmt+09:00)
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Year-end review
Pension funds sell net $21 bn worth of shares in 2021
South Korea’s pension funds sold a net 24.5 trillion won ($20.6 billion) worth of Kospi and Kosdaq stocks this year, the largest annual ne...
Dec 31, 2021 (Gmt+09:00)
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M&As
Samsung Group in negotiations to buy Biogen
South Korea's Samsung Group is in negotiations to buy Biogen Inc., a leading US-based drugmaker for neurological conditions such as Alzheimer's and ...
Dec 30, 2021 (Gmt+09:00)
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League table
NH, KB ranked top S.Korean equity, debt underwriters
Fundraising via initial public offerings and rights issues in South Korea more than doubled to 27.2 trillion won ($23 billion) in 2021 from a year a...
Dec 29, 2021 (Gmt+09:00)
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Executive reshuffles
CJ Group promotes chairman’s son, signals 3rd-generation succession
South Korea's CJ Group promoted the group chairman's son Lee Sun-ho to a new executive-level position Monday, paving the way for a third-generatio...
Dec 28, 2021 (Gmt+09:00)
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Automobiles
S.Korea's car output tumbles to lowest in 17 years
South Korea's car output in 2021 is estimated to have tumbled to its lowest level in 17 years as a global shortage of semiconductors slowed down pro...
Dec 27, 2021 (Gmt+09:00)
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Electric vehicles
Hyundai revs up shares in Korean EV parts makers
South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...
Dec 24, 2021 (Gmt+09:00)
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Mergers & Acquisitions
LX Group to buy glassmaker from Glenwood PE
South Korea’s LX Group is acquiring a local glassmaker from private equity firm Glenwood PE.LX Group was scheduled to sign a memorandum of und...
Dec 24, 2021 (Gmt+09:00)
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Business & Politics
SK Group’s Chey rebuts FTC charges of unfair business practice
South Korea’s Fair Trade Commission has imposed a fine of 1.6 billion won ($1.3 million) on SK Group Chairman Chey Tae-won and the conglomerat...
Dec 23, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to showcase autonomous ship at CES 2022
Hyundai Heavy Industries Group, the world’s largest shipbuilder, is set to showcase its latest and next-generation mobility technology related...
Dec 21, 2021 (Gmt+09:00)
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Executive reshuffles
Hyundai Motor overhauls management in biggest-ever generational revamp
Hyundai Motor Group, South Korea’s second-largest conglomerate, on Friday replaced its mid-tier executives in its largest personnel reshuffle ...
Dec 17, 2021 (Gmt+09:00)
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Automobiles
Hyundai, Kia, Genesis sweep car of the year awards in 2021
Hyundai Motor Group’s major auto brands have won a record number of top global awards and industry accolades this year in recognition of its e...
Dec 16, 2021 (Gmt+09:00)
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IPOs
Hyundai Eng seeks to raise up to $1 bn in Feb IPO
Hyundai Engineering Co., part of South Korea's Hyundai Motor Group, will make a trading debut on the Korea Exchange next February, raising up to 1.2...
Dec 10, 2021 (Gmt+09:00)
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Monthly trade infographics
Kimchi on track for first trade surplus in 12 years
Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $1...
Dec 09, 2021 (Gmt+09:00)
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Pension funds
NPS, LaSalle jointly buy UBS Group London HQ for £1.3 bn
South Korea’s National Pension Service (NPS) and global real estate investment firm LaSalle Investment Management Inc. have agreed to acquir...
Dec 06, 2021 (Gmt+09:00)
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Private equity
Partners Group attracts Korea Post and local insurers to PE funds
Some major South Korean institutional investors have committed to Switzerland-headquartered global asset manager Partners Group's Secondary 2020 Fun...
Dec 06, 2021 (Gmt+09:00)
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Venture capital
Mirae Asset joins $260 mn funding for food delivery startup Jokr
Mirae Asset Global Investment Co., South Korea’s leading asset manager, has participated in a $260 million Series B funding for Jokr, a New ...
Dec 03, 2021 (Gmt+09:00)
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Automobiles
Halla’s autonomous driving unit HL Klemove eyes $3.4 bn sales by 2030
Halla Group’s newly-launched autonomous driving solutions subsidiary HL Klemove targets 4 trillion won ($3.4 billion) in revenue by 2030 by ac...
Dec 03, 2021 (Gmt+09:00)
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Venture capital
Korea's biggest fund to invest $5.8 million in overseas VCs
Korea Venture Investment Corp. plans to invest $58.2 million or about 69 billion won in 10 funds around the globe. The government-backed fund o...
Dec 02, 2021 (Gmt+09:00)
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Pension funds
NPS picks Hillhouse Capital for private equity investment in Q3
South Korea’s National Pension Service (NPS) selected private equity giant Hillhouse Capital Group in the third quarter of this year for its...
Dec 02, 2021 (Gmt+09:00)
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Private equity
Korea Post selects Ardian, Hamilton Lane for $100 mn co-investment
Korea Post’s savings arm has selected French private equity firm Ardian SA and US alternative investment manager Hamilton Lane Advisors LLC ...
Dec 01, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore