new share sale
Scope
Date
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IPO
SK to invest $300 million in ChinData Group by joining in pre-IPO share sale
SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...
Aug 10, 2020 (Gmt+09:00)
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TPG, online portal Naver eyeing Korean drama producer’s pre-IPO share sale
The US private equity firm TPG Capital and South Korea’s top Internet portal Naver Corp. have participated in preliminary bidding for a pre-IPO ...
Aug 07, 2020 (Gmt+09:00)
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Insurance
US insurer Cigna’s Korean unit says no decision yet on its possible sale
LINA Life Insurance Co., wholly owned by the US life insurance group Cigna, said on August 6 that its parent group has not made a decision to sell the...
Aug 06, 2020 (Gmt+09:00)
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Doosan Group
Debt-laden Doosan Group puts Doosan Infracore up for sale to secure cash
Doosan Group kicked off the sale process for Doosan Infracore, the group’s construction equipment builder, with the sale manager ...
Jul 24, 2020 (Gmt+09:00)
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Insurance
US insurer Cigna to put Korean life insurance arm up for sale
The US life insurance group Cigna has recently decided to put its South Korean insurance unit on the market and hired Goldman Sachs as the sale manage...
Jul 24, 2020 (Gmt+09:00)
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Shareholder activism
Local activist fund KCGI opposes Korean Air's sale of in-flight businesses
Korea Corporate Governance Improvement (KCGI), a local activist private equity fund, is unhappy with Korean Air Lines Co. Ltd's decision to sell ...
Jul 17, 2020 (Gmt+09:00)
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EMP Belstar
Korean investors quickest to jump into new TALF fund: EMP Belstar
South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...
Jul 07, 2020 (Gmt+09:00)
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Banks
Carlyle to invest $415 mn in KB Financial, betting on share rebound
The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...
Jun 19, 2020 (Gmt+09:00)
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Hyundai Motor
Hyundai, Hankook Tire may rebuild relations with new test-driving center
Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...
Jun 17, 2020 (Gmt+09:00)
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Debt
Export-Import Bank of Korea ups Aussie bond sale size to $460 mn on demand
The Export-Import Bank of Korea (KEXIM) has nearly doubled the size of its planned new bond sale in Australia to A$700 million ($460 million) on stron...
May 20, 2020 (Gmt+09:00)
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Korean Air
Korean Air to raise $817 mn in rights issue; in talks with PEFs on asset sales
Korean Air Lines Co. Ltd. unveiled its largest rights offering plan on May 13 to raise 1 trillion won ($817 million) for debt repayment, after it open...
May 13, 2020 (Gmt+09:00)
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Alternative investment
Korean funds hold off new midstream project investments
Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...
Mar 21, 2020 (Gmt+09:00)
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M&A
eBay puts South Korean unit up for sale in $4 bn deal
eBay Inc. has decided to sell 100% of its South Korean operations which it valued at about 5 trillion won ($4 billion), the latest in a series of reor...
Mar 04, 2020 (Gmt+09:00)
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Sovereign wealth
KIC to boost startup investment with new San Francisco office
Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...
Feb 07, 2020 (Gmt+09:00)
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Shareholder activism
Elliott sells off over $1 bn shares in Hyundai Motor, two affiliates in two yrs
Elliott Management Corp. has disposed of all its shares in three key units of the Hyundai Motor Group, currently worth $1.5 billion, after its nearly ...
Jan 23, 2020 (Gmt+09:00)
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Korean brokerages invest in Heathrow’s new runway project
Mirae Asset Daewoo Co. Ltd. and Korea Investment & Securities Co. Ltd. have provided a combined $434 million debt on the construction of Heathrow ...
Aug 29, 2019 (Gmt+09:00)
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Carlyle’s new credit fund draws $200 mn from Korea
Ten South Korean institutional investors have committed about $200 million to the Carlyle Group’s first credit opportunities fund which recently raise...
Jul 19, 2019 (Gmt+09:00)
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Sale of Korean game firm cancelled in lack of strategic buyers
The planned sale of the parent company of South Korea’s biggest online gaming firm Nexon Co. Ltd., was abruptly cancelled after it failed to narrow th...
Jun 26, 2019 (Gmt+09:00)
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KIC picks Teachers’ Pension CIO as new chief investment officer
Korea Investment Corporation (KIC) has chosen Dae-yang Park, chief investment officer of the country’s Teachers’ Pension, as new CIO among a dozen app...
Jun 12, 2019 (Gmt+09:00)
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Korean firms underwrite $298 mn debt on new US gas plant
Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...
May 10, 2019 (Gmt+09:00)
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Korea scientists fund appoints new CIO for two-year term
The Korea Scientists and Engineers Mutual-aid Association (SEMA) has appointed Sungmoo Huh, a former alternative investment and strategy head of Seoul...
May 03, 2019 (Gmt+09:00)
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PGIM to secure $60 mn from Seoul office sale to Keppel
PGIM Inc., the asset management arm of US-based Prudential Financial Inc., is set to pocket about 70 billion won ($60 million) in capital gains from i...
Apr 28, 2019 (Gmt+09:00)
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[Interview] KTCU’s new CIO says to boost equity investments
The Korean Teachers’ Credit Union (KTCU) will aggressively seek equity-type investments such as stocks and private equities for extra returns wi...
Feb 21, 2019 (Gmt+09:00)
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KIC reaps $48 mn from London office building sale
Korea Investment Corporation (KIC) has secured 37 million pounds ($48 million) in proceeds from the recent 107 million-pound sale of a London office b...
Jan 23, 2019 (Gmt+09:00)
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Unison Capital puts bubble tea franchise Gong Cha up for sale
Private equity firm Unison Capital Inc. has put bubble tea franchise Gong Cha on the market, a deal estimated at up to $442 million, as the South Kore...
Jan 23, 2019 (Gmt+09:00)
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KTCU appoints new CIO; POBA’s CIO to enter second term
The Korean Teachers’ Credit Union (KTCU) has appointed its corporate finance department head Ho Hyun Kim as chief investment officer, succeeding Sung-...
Jan 17, 2019 (Gmt+09:00)
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Korean REIT nets $31 mn from Tokyo property stake sale
JR AMC Co. Ltd., a real estate investment trust manager in South Korea, has recently disposed of its stake in a luxury office building in central Toky...
Jan 11, 2019 (Gmt+09:00)
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Affinity Equity-led group to exercise put option on $1.8 bn Kyobo Life shares
A consortium led by Affinity Equity Partners will push ahead with exercising their right to sell shares in South Korea’s Kyobo Life Insurance Co. Ltd....
Dec 04, 2018 (Gmt+09:00)
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Meritz Sec nets $42 mn from uncompleted Zalando office sale
Meritz Securities Co. Ltd. has reaped 37 million euros ($42 million) in proceeds from a recent sale of a new headquarters of German online retailer Za...
Nov 22, 2018 (Gmt+09:00)
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Mirae Asset, SK Sec buy German property in share deal
Mirae Asset Daewoo Co. Ltd. and SK Securities Co. Ltd. have recently closed a purchase of an office building leased to a department of the German fede...
Oct 11, 2018 (Gmt+09:00)