investment deal
Scope
Date
~
-
Aerospace & Defense
STX to export $60 mn wheeled armored vehicles to Peru
STX Corp., a South Korean general trading company, said on Monday it signed a contract with Fábrica de Armas y Municiones del Ejé...
Dec 02, 2024 (Gmt+09:00)
-
Entertainment
Controversy brews over HYBE Chair Bang’s investment deal with PEFs
Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensations BTS and NewJeans, is embroiled i...
Nov 29, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
CJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing
South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mi...
Nov 27, 2024 (Gmt+09:00)
-
Asset management
BlackRock names Lee Yoon Pyo as head of S.Korea business
BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective f...
Nov 27, 2024 (Gmt+09:00)
-
Construction & Planning
Samsung C&T-Sumitomo consortium wins $3.7 billion Qatar project
An international consortium involving South Korea’s Samsung C&T Corp. and financial firms has won a $3.7 billion project to build a desali...
Nov 26, 2024 (Gmt+09:00)
-
Banking & Finance
Woori Bank to arrange $3.7 bn for Qatar desalination, power plant
South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...
Nov 26, 2024 (Gmt+09:00)
-
Automobiles
Hyundai Motor to invest $479 million in Malaysia
Hyundai Motor Co. said on Tuesday that it plans to invest $479 million in Malaysia over five years, starting in 2025.The South Korean automaker stat...
Nov 26, 2024 (Gmt+09:00)
-
Leadership & Management
Hyundai’s José Muñoz sees new Trump policy, China's rise as opportunity
LOS ANGELES – José Muñoz, freshly tapped as the next chief executive of Hyundai Motor Co., says the current market uncertainty s...
Nov 25, 2024 (Gmt+09:00)
-
Venture capital
S.Korean gov't eases restrictions on Korean investment in overseas startups
The companies founded by South Korean nationals abroad will be recognized as domestic companies if they contribute to the Korean economy, making it ...
Nov 25, 2024 (Gmt+09:00)
-
Pension funds
NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, expects some ...
Nov 24, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Ocean, HD Hyundai reconcile, look to joint overseas warship bids
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to bury the hatchet and jo...
Nov 24, 2024 (Gmt+09:00)
-
Electronics
Apple supplier LG Innotek to invest $268.4 mn in Vietnam in 2025
South Korea’s LG Innotek Co., a major contractor for Apple Inc., said on Thursday it plans to spend 375.9 billion won ($268.4 million) next ye...
Nov 22, 2024 (Gmt+09:00)
-
Shareholder value
SK Square to buy back $72 mn shares amid Palliser's value-up push
SK Square Co., the investment arm of South Korea’s No. 2 conglomerate SK Group, announced shareholder-friendly measures on Thursday, in respon...
Nov 21, 2024 (Gmt+09:00)
-
Korean food
CJ CheilJedang to invest $584 mn to build food factories in Europe, US
CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Euro...
Nov 21, 2024 (Gmt+09:00)
-
Batteries
LG Chem signs deal to secure 100,000 tons of lithium from ExxonMobil
South Korea’s top chemicals maker LG Chem Ltd. said on Thursday it has signed an initial agreement to secure a key battery material from US mu...
Nov 21, 2024 (Gmt+09:00)
-
Real estate
Korean funds offer rescue financing for global offices
South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...
Nov 20, 2024 (Gmt+09:00)
-
Business & Politics
Korea mulls raising US oil imports to cope with Trump trade policies
South Korea, the world’s fourth-largest oil importer, is considering increasing US oil imports to ease potential pressure from President-elect...
Nov 20, 2024 (Gmt+09:00)
-
Bio & Pharma
Samsung Biologics wins $668 million CDMO deal with European pharma
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...
Nov 20, 2024 (Gmt+09:00)
-
Energy
LS Cable, Denmark's CIP sign LOI for floating offshore wind
South Korea's LS Cable & System Ltd. said on Wednesday that it signed a letter of intent (LOI) for offshore wind cooperation with Copenhagen Inf...
Nov 20, 2024 (Gmt+09:00)
-
Korean chipmakers
Samsung vows to regain chip lead with new R&D center
Samsung Electronics Co. is pinning its hopes on its new research and development complex, which will cost the company 20 trillion won ($14.4 billion...
Nov 18, 2024 (Gmt+09:00)
-
Bio & Pharma
Korea’s Lunit in AI-powered lung cancer diagnostics deal with AstraZeneca
Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...
Nov 18, 2024 (Gmt+09:00)
-
Electronics
LG Display to invest extra $1 bn in Vietnam OLED plant
LG Display Co. will invest an additional $1 billion in Vietnam over the next five years to ramp up organic light-emitting diode (OLED) panel output,...
Nov 17, 2024 (Gmt+09:00)
-
Real estate
NH Nonghyup buys Donuimun D Tower for $640 mn
NH Nonghyup REITs Management Co. has completed the purchase of Donuimun D Tower, a prime office building in central Seoul, for 895.3 billion won ($6...
Nov 15, 2024 (Gmt+09:00)
-
Corporate restructuring
Shinsegae affiliate SSG.COM secures Olympus as new financial investor
Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...
Nov 14, 2024 (Gmt+09:00)
-
Batteries
LG Energy bags 8-GWh ESS deal from Terra-Gen in US
LG Energy Solution Ltd. will supply US renewable energy power producer Terra-Gen LLC with an energy storage system (ESS) with an 8 Gigawatt-hour (GW...
Nov 14, 2024 (Gmt+09:00)
-
Business & Politics
Korea’s SK Siltron receives $544 mn loan from DOE for wafer investment
South Korea’s SK Siltron Co. has secured a $544 million loan from the US Department of Energy (DOE) to invest in a high-quality silicon carbid...
Nov 13, 2024 (Gmt+09:00)
-
Fintech
NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments
NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to ...
Nov 13, 2024 (Gmt+09:00)
-
Aerospace & Defense
Korea’s Hanwha wins US Navy MRO deal as Trump seeks deeper shipbuilding ties
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured another vessel repair contract from the US Navy, expanding its defense busi...
Nov 12, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Ocean wins $51.2 mn deal for two LNG carriers
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...
Nov 11, 2024 (Gmt+09:00)
-
Batteries
SpaceX to use LG Energy batteries for Starship rocket
Spacecraft manufacturer SpaceX, led by Elon Musk, will use LG Energy Solution Ltd.'s batteries for its next-generation Starship rocket, marking its ...
Nov 11, 2024 (Gmt+09:00)
Latest News
- 1 BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
- 2 Korea’s top cinema chains seek merger to counter box office slump
- 3 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 4 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 5 LG Electronics breaks ground on $600 million home appliance plant in India