Shinhan Financial Group
Scope
Date
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Entertainment
Iyuno-SDI Group raises $160 mn follow-on investment from SoftBank
Iyuno-SDI Group, a South Korean content localization firm, has received $160 million in funding from SoftBank Vision Fund 2, a follow-on investment ...
Apr 09, 2021 (Gmt+09:00)
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Korean Investors
Naver invests $150 million in Indonesia’s No.1 media group Emtek
South Korea’s online platform giant Naver Corp. has invested $150 million in Elang Mahkota Teknologi (Emtek), Indonesia’s largest techno...
Apr 07, 2021 (Gmt+09:00)
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Retail
SK Group acquires 16.3% of Vietnam’s top retailer for $410 million
South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to ...
Apr 06, 2021 (Gmt+09:00)
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EV batteries
SK Group eyes jackpot from investment in battery maker SES
South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery startup SES as the batt...
Apr 05, 2021 (Gmt+09:00)
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ESG
BOK tells institutions to cut exposure in high carbon sectors
The Bank of Korea has asked the country’s financial institutions to reduce exposure in economic sectors that generate high levels of carbon em...
Mar 25, 2021 (Gmt+09:00)
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SK Group's financial story: Measure, divest and focus
Last month, South Korea's third-largest conglomerate SK Group agreed to sell its 21-year-old baseball club SK Wyverns to the country’s leading...
Mar 09, 2021 (Gmt+09:00)
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Hanwha Group
Hanwha launches group-wide task force to bolster space business
Hanwha Group has created an internal task force headed by the group's heir apparent to strengthen its presence in the fast-growing global space sect...
Mar 08, 2021 (Gmt+09:00)
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Pension funds
Korea’s military fund looking for new financial division chief
South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...
Mar 04, 2021 (Gmt+09:00)
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REITs
SK Group eyes IPO of headquarter-backed REIT in 2021
South Korea’s SK Group has begun the process to list a real estate investment trust (REIT) backed by its head office building and some 100 pet...
Mar 03, 2021 (Gmt+09:00)
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Leadership & Management
Hanwha Group leader Kim Seung-youn returns to management
Hanwha Group leader Kim Seung-youn is returning to management seven years after he was banned from business activities following his conviction for ...
Feb 26, 2021 (Gmt+09:00)
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Joint Ventures
SK Group to sell stake in petrochemical arm; seeks global partnership
South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...
Feb 23, 2021 (Gmt+09:00)
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Shareholder value
Young, female, foreign: Hyundai Motor Group’s new BOD
South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...
Feb 21, 2021 (Gmt+09:00)
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Leadership & Management
LS Group chairman touted as new KITA head
The Korea International Trade Association (KITA) is expected to begin the appointment process for its new chair this week. South Korean conglomerate...
Feb 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Match Group buys Korean video chat startup for $1.73 bn
Match Group, the operator of the world’s largest dating app Tinder, has agreed to buy 100% of South Korea’s leading video chat startup...
Feb 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Australia’s SEEK looking for financial partner to bid for JobKorea
SEEK, Australia’s largest job site, has been in discussions with private equity firms to put in a binding bid in a consortium for South Korea&...
Feb 05, 2021 (Gmt+09:00)
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Hydrogen economy
SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power
South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...
Jan 07, 2021 (Gmt+09:00)
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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)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer