Jean Eric Salata, chairman of EQT Asia EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Korea. The Swedish investment firm is also looking at companies with room to grow through digitalization, or b
(Courtesy of Getty Images) South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, with some leading companies grappling with management or family disputes.While Kim & Chang solidified its No. 1 spot
(Courtesy of Getty Images) SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a survey shows. Chemical, oil refining and energy industries, which fueled SK and Lotte's growth over the past decades, wil
South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better compete in Korea’s fast-paced online retail sector.Shinsegae Inc. said in a statement on Thursday that it has forged a strategic partnership w
MBK Partners office in Seoul A consortium of MBK Partners and Young Poong Corp. has raised its stake in Korea Zinc Inc. to 46.7% of voting shares, drawing the group closer to majority control of the world’s largest lead and zinc smelter, MBK said on Thursday.North Asia-focused buyout firm
(Courtesy of Getty Images) UBS Group AG remained on the top of the South Korean merger and acquisition (M&A) advisory market as of the end of the third quarter after adding the sale of Ecorbit Co. valued at 2.1 trillion won ($1.6 billion) to its list of deal arrangements. KB Securitie
Samsung SDI booth at China Cycle 2024 (Courtesy of Yonhap) Samsung SDI Co., the South Korean battery maker with the world’s sixth-largest market share, has decided to sell its polarizer film business to Chinese rival Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($834 millio
A rendered image of Ecorbit's R&D center (Courtesy of Ecorbit) A consortium of IMM Private Equity and IMM Investment has moved a step closer to owning South Korea’s No. 1 landfill company Ecorbit Co. after offering 2.1 trillion won ($1.6 billion) for the firm.According to sources in t
Advertisement on Jeisys Medical's aesthetic device Potenza (Courtesy of Jeisys) French private equity firm Archimed SAS, managing around €7 billion ($7.5 billion) in assets as of end-May, plans to secure a controlling stake in South Korean aesthetic laser maker Jeisys Medical Inc., which h
Hanon Systems' modular car platform for electric vehicles supplied to Volkswagen Hankook Tire and Technology Co. on Friday reached a preliminary agreement to buy 1.37 trillion won ($1 billion) worth of shares in Hanon Systems Corp., the world’s second-largest heat pump systems maker for a
A Geo-Young logistics center in Cheonan, South Chungcheong Province in South Korea (Courtesy of Geo-Young) Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp., the country's largest medicine wholesa