United Partners Asset Management
Scope
Date
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Private equity
Affinity to buy Korea's No. 2 car leasing firm for $591 mn
Affinity Equity Partners will buy a 100% stake in South Korea’s second-largest car leasing company SK Rent-a-Car Co. for 820 billion won ($591...
Jun 20, 2024 (Gmt+09:00)
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Infrastructure
Macquarie eyes its 1st Korean data center valued around $722 mn
Macquarie Group’s South Korean infrastructure investment arm is set to buy its first domestic data center, valued at up to 1 trillion won ($72...
Jun 20, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...
Jun 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Innovation looks to merge with SK E&S for organic growth
SK Innovation Co., the parent of South Korea’s largest oil refiner SK Energy Co. and battery maker SK On Co., is looking to merge with energy ...
Jun 20, 2024 (Gmt+09:00)
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Electric vehicles
LG Elec, ChargePoint to collaborate for EV charging
LG Electronics Inc. announced on Wednesday that it had recently signed a business agreement with the No. 1 electric vehicle (EV) charging operator (...
Jun 19, 2024 (Gmt+09:00)
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Leadership & Management
Catering firm Ourhome taps founding family’s eldest daughter as CEO
The eldest daughter of catering service provider Ourhome Ltd.’s founding family, Koo Mi-hyun, was on Tuesday appointed chief executive of the ...
Jun 18, 2024 (Gmt+09:00)
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Corporate restructuring
SK Networks to split off SpeedMate, trade division
South Korea's SK Networks Co. plans to split off its auto management division SpeedMate and its trading unit.The board of directors approved the pla...
Jun 18, 2024 (Gmt+09:00)
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Corporate strategy
SK's Chey rebuts court's SK unit value estimate for divorce
SK Group Chairman Chey Tae-won on Monday said the Seoul High Court has innacurately inflated his contribution to the growth of SK C&C, a busines...
Jun 17, 2024 (Gmt+09:00)
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Private equity
Tcha Partners mulls largest-ever sale of Korean bus operators
Seoul-based private equity firm Tcha Partners Asset Management Co., which owns 17 domestic quasi-public bus operators via four funds that closed at ...
Jun 17, 2024 (Gmt+09:00)
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Leadership & Management
PwC's Korean member taps new chiefs, creates finance unit
Samil PricewaterhouseCoopers (PwC), a South Korean member firm of PwC International Ltd., has appointed new chiefs of its key units and created a fi...
Jun 17, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s Woori to team up with US Nuveen to enhance IB part
Woori Bank and Woori Asset Management, subsidiaries of South Korea's Woori Financial Group, announced on Sunday that they signed a memorandum of u...
Jun 17, 2024 (Gmt+09:00)
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Automobiles
Hyundai files for 1st overseas unit IPO in India: reports
Hyundai Motor Co.'s Indian unit filed for an initial public offering with the Securities and Exchange Board of India on Saturday to raise up to $3 b...
Jun 16, 2024 (Gmt+09:00)
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Airlines
Asiana's cargo unit to be sold for $362 mn to Air Incheon
South Korean flag carrier Korean Air Lines Co. has tapped Air Incheon, a local airline dedicated to cargo business, as the preferred bidder to acqui...
Jun 14, 2024 (Gmt+09:00)
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ESG
SK Ecoplant's Wayble Decarbon gets GIS certification
South Korea's SK Ecoplant Co. announced on Friday that its corporate carbon management platform Wayble Decarbon has obtained the country's first gre...
Jun 14, 2024 (Gmt+09:00)
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Real estate
Japan golf courses, Korean investors’ new target assets
South Korean investors are eyeing Japan’s golf resorts to buy amid the weak yen, rising demand for golf courses in Japan, and relatively low p...
Jun 13, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset Indian subsidiary surpasses $21.8 bn in AUM
South Korea's Mirae Asset Global Investments Co. announced on Thursday that the total assets under management (AUM) of its Indian subsidiary have su...
Jun 13, 2024 (Gmt+09:00)
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Airlines
MBK drops out of Air Premia’s Asiana cargo unit takeover bid
Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
KB Securities sees wealth management assets surpass $43.6 bn
South Korea's KB Securities announced on Wednesday that its wealth management assets surpassed 60 trillion won ($43.6 billion) this month.This is fi...
Jun 12, 2024 (Gmt+09:00)
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Energy
Hyundai E&C, KAERI partner to commercialize next-gen reactors
Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Wednesday that it signed a public-private partnership agreement for the so...
Jun 12, 2024 (Gmt+09:00)
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Electric vehicles
POSCO Int'l breaks ground on traction motor core plant in Poland
South Korea's POSCO International Corp., broke ground on the new electric vehicle (EV) traction motor core plant in Brzeg, Opole Voivodeship, Poland...
Jun 12, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Transys to export EV drive systems to CEER
Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, announced on Wednesday that it signed a contract to supply a 3 trillion won ($...
Jun 12, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Financial units to reside under one roof in Vietnam
Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...
Jun 11, 2024 (Gmt+09:00)
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Waste management
Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit
Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...
Jun 10, 2024 (Gmt+09:00)
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Korean games
S.Korean IT companies partner with K-pop girl groups
South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...
Jun 10, 2024 (Gmt+09:00)
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ESG
Hyundai, Kia to require stricter ESG compliance from subcontractors
South Korea’s top automaker Hyundai Motor Group plans to require stricter environmental, social and governance compliance from its partners st...
Jun 10, 2024 (Gmt+09:00)
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Asset management
Yellow Umbrella's new CIO to spur alternative investment
The Yellow Umbrella Mutual Aid Fund, a 25.4 trillion won ($18.5 billion) savings arm of South Korean small business owners, has tapped an alternativ...
Jun 06, 2024 (Gmt+09:00)
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Private equity
Korea's KDB widens gap in VC fundraising in H1; NPS to fund in July
The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...
Jun 05, 2024 (Gmt+09:00)
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Robotics
CJ Logistics, Libiao Robotics partner to co-work for robotic system
South Korea's CJ Logistics said on Tuesday that it signed a memorandum of understanding (MOU) to establish a strategic partnership with global rob...
Jun 05, 2024 (Gmt+09:00)
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Robotics
Sampyo Group enters automated robotic parking business
South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...
Jun 04, 2024 (Gmt+09:00)
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IPOs
Naver's online comics unit eyes Nasdaq listing in June
South Korea’s online portal giant Naver Corp. is planning to list its Los Angeles-based affiliate Webtoon Entertainment Inc. on the Nasdaq thi...
Jun 03, 2024 (Gmt+09:00)