Kakao Pay backs out of acquisition deal for Shinsegae’s SSG Pay, Smile Pay

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...
DB Insurance Co., a leading South Korean non-life insurance company, is in advanced talks to acquire US-based insurer Fortegra in a deal that could ...
Naver Financial Corp., the fintech subsidiary of South Korean tech giant Naver Corp., is looking to acquire Asil, a domestic big data-based real est...
Shares of Nexon Games Co., the game-developing studio under Nexon Co., surged on Friday morning after Bloomberg reported on Chinese IT giant Tencent...
South Korea’s once domestically focused automakers are making significant inroads into the global defense sector, with a string of recent cont...
KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or $200 million, investme...
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
Lunit Inc., a South Korean AI-powered cancer diagnostics company, said on Monday that more than 200 healthcare institutions across the US have now a...
South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...
Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditionin...
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country&rsquo...
Winia Co., a South Korean home appliance manufacturer under court-led restructuring, has terminated its conditional acquisition agreement with Seoul...
BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...
South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...
South Korea’s semiconductor industry is closely watching developments in talks between TSMC and Intel Corp. over the world’s largest con...
Hanwha Ocean Co., a South Korean warship builder, said on Friday it swung to profit in 2024 for the first time in four years, driven by increased sa...
CVC Capital Partners is in the final stage of talks to acquire OLENS, South Korea’s largest contact lens brand, for about 500 billion won ($34...
South Korea’s Hanwha Group is seeking to acquire local catering service provider Ourhome, embroiled in the owner family's sibling disputes, fo...
South Korean chemicals-to-defense conglomerate Hanwha Group completed the acquisition of Philly Shipyard on Friday.The size of the deal was $100 mil...
South Korea’s GC Biopharma Corp. said on Thursday it acquired the US-based medical-grade source blood plasma company ABO Holding Inc. The...
South Korea's Hanwha Investment & Securities said on Thursday that it completed the acquisition of Indonesia's Ciptadana Sekuritas.Ciptadana Sek...
North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control ...
Mirae Asset Securities Co. said on Thursday that the number of retail client accounts in its India operations has crossed the 2 million mark.This ma...
South Korea’s major institutional investors and global asset managers will gather at the ASK 2024 global alternative investment conference on ...
Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Gl...
South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...
South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...
KCGI, a South Korean private equity firm, has agreed to buy a controlling stake in Hanyang Securities Co. for 220.3 billion won ($166 million), slig...