trading buy
Scope
Date
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Chemical Industry
Samyang buys specialty chemical maker Verdant for $257 mn
Samyang Specialty Solutions LLC, a leading chemical and food products maker in South Korea, has entered into an agreement to wholly acquire Texas-ba...
Dec 18, 2023 (Gmt+09:00)
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Retail
Korea’s top dollar store chain Daiso buys out Japanese shareholder
South Korea’s AsungHMP Co. has bought a 34.2% stake in Asungdaiso Corp., which operates the country’s top dollar store chain Daiso, from...
Dec 13, 2023 (Gmt+09:00)
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Entertainment
Toho buys 25% stake in CJ ENM’s Fifth Season for $225 mn
Toho Co. has acquired a 25% stake in Fifth Season for $225 million, a move expected to be a win for not only the money-losing US-based producer-dist...
Dec 12, 2023 (Gmt+09:00)
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Foreign exchange
Korea, Indonesia to facilitate bilateral trade in won, rupiah
The central banks of South Korea and Indonesia agreed to facilitate the settlement of bilateral trade in their currencies from next year as the elec...
Dec 11, 2023 (Gmt+09:00)
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Automobiles
LG Uplus, Toyota Motor Korea team up for EV chargning
South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehicle (EV) charger infr...
Dec 11, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LIG Nex1 to buy quadruped robot maker Ghost Robotics for $240 mn
LIG Nex1 Co., a South Korean weapons system developer, has agreed to buy a 60% stake in Ghost Robotics Corp (GRC), a Philadelphia-based robot develo...
Dec 10, 2023 (Gmt+09:00)
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Chemical Industry
IMM among shortlisted bidders for special chemicals maker Songwon
Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the South Korean company an...
Dec 04, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to buy more F-35As, but picks Embraer C-390s for transport
South Korea has chosen the F-35A by US-based Lockheed Martin Aeronautics as its stealth aircraft and Brazil-headquartered aerospace company Embraer&...
Dec 04, 2023 (Gmt+09:00)
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Korean stock market
Chipmakers Samsung, SK Hynix among foreigners’ top picks in Korea
South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...
Dec 04, 2023 (Gmt+09:00)
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Real estate
AEW, Pebblestone buy Korean logistics center for $238 mn
Seoul-based Pebblestone Asset Management Co. and US real estate investor AEW Capital Management have completed the acquisition of a logistics ce...
Dec 01, 2023 (Gmt+09:00)
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Economy
S.Korea’s chip exports rebound, ending 15-month losing streak
South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing exp...
Dec 01, 2023 (Gmt+09:00)
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Infrastructure
STX to develop Gargoub port in Egypt with grain silos
STX Corp., a South Korean general trading company, is expected to develop a Mediterranean port in Egypt and build grain silos at the port, a move ex...
Nov 29, 2023 (Gmt+09:00)
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Energy
SK Group to buy 537 GWh green power from SK E&S
South Korea’s second-largest conglomerate SK Group is accelerating its net zero transition with its affiliates agreeing to buy 537 gigawatts h...
Nov 24, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Kakao Mobility seeks to buy European taxi platform FreeNow
Kakao Mobility Corp., a ride-hailing service unit of South Korean tech giant Kakao Corp., is planning to acquire FreeNow, a European taxi platform o...
Nov 16, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung bags $1 bn via ASML share sale for chip production
Samsung Electronics Co., the world’s largest memory chipmaker, has divested a 0.3% stake in Dutch chip equipment manufacturer ASML Holdings N....
Nov 14, 2023 (Gmt+09:00)
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Economy
S.Korea’s semiconductor exports rebound in 1st 10 days of November
South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pro...
Nov 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus buys pet Airbnb-style startup to boost pet care services
LG Uplus Corp. has acquired a domestic dog space rental startup Along as the South Korean mobile carrier is zooming in on pet care services as its n...
Nov 13, 2023 (Gmt+09:00)
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Batteries
STX to invest in lithium business in Peru, Brazil
South Korea’s trading company STX Corp. signed a tripartite agreement with local partners in Peru and Brazil to develop lithium mines and trad...
Nov 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s Harman to buy French audio software firm FLUX::
Harman Professional Solutions, a professional sound system unit under Samsung Electronics Co.'s wholly owned Harman International, has agreed to acq...
Nov 10, 2023 (Gmt+09:00)
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Artificial intelligence
LG, Qraft Technologies' AI-powered ETF trades on NYSE
South Korea’s LG Group and Seoul-based Qraft Technologies Inc. have jointly launched an exchange-traded fund (ETF) that selects holdings relat...
Nov 08, 2023 (Gmt+09:00)
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Batteries
LX International to buy Indonesia's PT AKP for nickel mining
LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT...
Nov 07, 2023 (Gmt+09:00)
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Construction
KKR expected to buy 100% stake in Taeyoung Industry
Global private equity giant KKR & Co. Inc. is expected to take over Taeyoung Industry Corp., a cash cow of South Korea’s medium-sized busi...
Oct 25, 2023 (Gmt+09:00)
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POSCO Int’l determined to outsmart Japanese trading firms
POSCO International Corp., the general trading and energy exploration unit of steel giant POSCO Holdings Inc., will step up its efforts to outsmart ...
Oct 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea's Harim to divest of Hanjin KAL shares to fund HMM acquisition
South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...
Oct 17, 2023 (Gmt+09:00)
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Carbon neutrality
SK to invest in S.Korean company for bio jet fuel materials
SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...
Oct 17, 2023 (Gmt+09:00)
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Regulations
Korea's GS Caltex faces FTC probe into intra-group trading
The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...
Oct 13, 2023 (Gmt+09:00)
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Chemical Industry
S.Korea's SKC to sell polyurethane raw material unit for $304 mn
South Korean chemical material company SKC Ltd. is selling its unit for raw materials of polyurethane (PU), a chemical substance.The company’s...
Oct 13, 2023 (Gmt+09:00)
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Banking & Finance
Hyundai Capital to acquire Indonesian financial firm
South Korea's Hyundai Capital announced on Wednesday it will acquire the Indonesian finance firm PT Paramitra Multifinance to enter the local market...
Oct 11, 2023 (Gmt+09:00)
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Foreign exchange
Dollar/won in wildest swing in 13 yrs despite intervention
The South Korean won suffered its wildest fluctuation against the dollar this year since 2010, shrugging off heavy dollar-selling intervention by lo...
Oct 06, 2023 (Gmt+09:00)
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Retail
Naver's Kream integrates with Japan's Soda
Naver Corp.'s subsidiary Kream, the South Korean limited-edition goods trading platform has decided to merge its operations with Japan's Soda Inc., ...
Oct 04, 2023 (Gmt+09:00)