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...
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...
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...
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...
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...
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...
Hana Financial Group and SK Telecom Co. acquired shares in BitGo Korea, the Korean unit of a global digital asset trust company, and decided to esta...
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, said on Wednesday it has signed a deal to acquire Tongya...
Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...
Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korea's Dongkuk Holdings Co., has agreed to buy Aju Steel Co. specializin...
South Korea's cloud management service provider (MSP) Metanet Tplatform Co. has acquired domestic location-based service provider BlueChip C&S, ...