controlling stake
Scope
Date
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Mergers & Acquisitions
SK Energy acquires logistics platform Goodsflow
South Korea's SK Energy will buy all shares of Goodsflow, a Seoul-based provider of logistics platform services, to enter the urban logistics center...
Jul 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HMM officially put on sale with CB conversion shares
The privatization of South Korea’s No. 1 sea flag carrier HMM Co. has gained traction after an official announcement of its stake sale. But th...
Jul 20, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Bain Capital in talks to buy Korean aesthetic device maker Ilooda
Ilooda, a South Korean medical aesthetic devices maker valued at around 200 billion won ($158 million), is likely to sell its management rights to U...
Jul 19, 2023 (Gmt+09:00)
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Mergers & Acquisitions
The Swing buys van-hailing service Tada for $19 mn
South Korea's personal mobility platform company The Swing Co. has acquired the management rights of the van-hailing service Tada.Negotiations betwe...
Jul 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT to cooperate with Mongolian gov't on DX techs
South Korea's telecom service provider KT Corp. disclosed on Monday its plans to collaborate with the Mongolian government to usher in a digital tra...
Jul 17, 2023 (Gmt+09:00)
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Beauty & Cosmetics
TPG to fully acquire cosmetics container firm Samhwa at around $237 mn
Texas-based private equity firm TPG Inc. is poised to fully acquire Samhwa Co., a South Korean cosmetic packaging supplier to global beauty powerhou...
Jul 14, 2023 (Gmt+09:00)
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Automobiles
Kia vows to take 10% of Indian market after 1 million car output
In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...
Jul 14, 2023 (Gmt+09:00)
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Electronics
Samsung launches 98-inch Neo QLED 8K in S.Korea
Samsung Electronics Co. announced on Thursday that it launches a new 98-inch Neo QLED 8K TV in South Korea. The new model is part of Samsung's effor...
Jul 13, 2023 (Gmt+09:00)
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Pension funds
Korea’s NPS bets on more local semiconductor stocks in Q2
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 975.6 trillion won ($754.2 billion) in assets under...
Jul 11, 2023 (Gmt+09:00)
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Fashion
NHN Commerce acquires Italian luxury brands retailer Ikonic
NHN Commerce, South Korea's major online company NHN Corp.'s shopping platform, announced on Tuesday its acquisition of a 77.8% stake in Ikonic Srl,...
Jul 11, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Engineering to enter EV charging maintenance, service market
South Korea’s Hyundai Engineering Co., the plant engineering and construction unit of Hyundai Motor Group, unveiled its ambitious plans on Mon...
Jul 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SKC acquires 45% stake in chip test firm ISC for $400 million
SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment maker ISC Co., for 5...
Jul 07, 2023 (Gmt+09:00)
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Automobiles
Hyundai unveils driverless shuttle at Korean National Assembly
Hyundai Motor Co. has launched a pilot service of the RoboShuttle, a combination of artificial intelligence (AI) and autonomous driving technology, ...
Jul 05, 2023 (Gmt+09:00)
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Airlines
LCC Air Premia to be jointly managed by two PE firms
Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holding...
Jul 03, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn
SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...
Jun 30, 2023 (Gmt+09:00)
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Future mobility
SK Telecom invests $100 mn in American UAM developer
South Korea's SK Telecom.Co has invested $100 million (131.6 billion won) in Joby Aviation, a Santa Cruz, California-based developer of urban air ...
Jun 30, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK E&S eyes business split-up to raise up to $1. 5 bn
South Korea’s SK E&S Co. is seeking to split up its business to raise up to 2 trillion won ($1.5 billion), according to people with knowle...
Jun 29, 2023 (Gmt+09:00)
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Electronics
Samsung Display to dump entire stake in LCD equipment maker
South Korea’s Samsung Display Co. is set to sell its stake in a domestic liquid crystal display equipment maker as the unit of global tech gia...
Jun 29, 2023 (Gmt+09:00)
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Private equity
Korea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...
Jun 22, 2023 (Gmt+09:00)
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Regulations
3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%
South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...
Jun 22, 2023 (Gmt+09:00)
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Energy
Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal
South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...
Jun 21, 2023 (Gmt+09:00)
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Private equity
Busan Equity Partners launches core minerals business in Philippines
Busan Equity Partners (BEP), a South Korean private equity firm, is partnering with Philippine mineral development company PGMPI to develop overseas...
Jun 20, 2023 (Gmt+09:00)
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Corporate restructuring
LG to slim down petrochem as Chinese rivals creep up
South Korea’s LG Chem Ltd. is speeding up restructuring efforts to sell or downsize uncompetitive businesses, with an aim to focus on three gr...
Jun 19, 2023 (Gmt+09:00)
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Petrochemicals
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
Jun 19, 2023 (Gmt+09:00)
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Insurance
DB Insurance acquires Vietnam's 9th largest insurance company
DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...
Jun 16, 2023 (Gmt+09:00)
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Logistics
Hanjin to participate in operation of logistics center in Thailand
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Friday that it will open a 9,000-square-meter container freight ...
Jun 09, 2023 (Gmt+09:00)
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Mergers & Acquisitions
BlackRock buys $860 mn stake in S.Korean gas supplier
Global asset manager BlackRock has bought a 30% stake in South Korea’s industrial gas supplier AirFirst Co. for 1.11 trillion won ($860 millio...
Jun 09, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Honeywell collaborate on smart factory
LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...
Jun 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics makes 17-fold gains from investment in ASML
Slightly more than a decade ago, ASML Holding N.V. had to reach out to its customers such as Samsung Electronics Co., Intel Corp. and Taiwan Semicon...
Jun 05, 2023 (Gmt+09:00)