LG links up with Chinese rivals for budget appliance supremacy
LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly e...
Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet
South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...
JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel
JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...
S.Korea’s leading ERP player Douzone Bizon up for sale; EQT, others in talks
Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...
Growth equity portfolio largely shielded from policy headwinds: Summit
Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...
Calls grow for stronger LP oversight in national strategic asset M&As
MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...
Partners Group sees infrastructure secondaries quadrupling to $60 bn
Infrastructure secondaries are gaining momentum as the infrastructure sector attracts investors seeking stable and predictable returns amid heighten...
MBK-invested Homeplus looks for new owner as M&A emerges as option
South Korea’s leading hypermarket chain Homeplus Co. is once again up for sale, a decade after private equity firm MBK Partners Ltd. took it p...
Hanjin KAL, LS expand defense business alliance to counter Hoban Group
South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean...
LG Energy, Samsung SDI to build 1st US LFP battery plants with GM
In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...
Shinsegae, Ascent Equity Partners weigh acquisition of C&C International
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
Google partners with Samsung, Gentle Monster for new smart glasses
SILICON VALLEY – Google LLC is making a renewed push into the smart glasses market in partnership with South Korea’s Samsung Electronics...
NPS boosts allocation to direct lending, secondaries
The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...
Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders
Michael ByungJu Kim, co-founder, partner and chairman of Seoul-based private equity firm MBK Partners Ltd., is set to meet with former US President ...
LS moves closer to role as Hanjin KAL’s white knight vs Hoban
Hanjin KAL Corp., the largest shareholder of Korean Air Lines Co., is strengthening its alliance with LS Group, the parent of LS Cable & System ...
Korean firms rush to issue bonds ahead of presidential election
South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...
Korean LCCs boost travel demand to global tourist hubs
South Korean low-cost carriers (LCCs), including Air Premia Inc. and Air Busan Co., have been expanding into underserved smaller cities, but also dr...
MBK’s Lotte Card sale gains momentum amid Homeplus fallout
North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte Card Co., South Korea’s fifth-largest car issuer, is g...
Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million
Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...
LG Electronics breaks ground on $600 mn home appliance plant in India
South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...
Korea’s Sono to sell Air Premia stake to focus on another LCC
South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...
NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has yet to decide on a plan to select local extern...
US tariffs add risk premium to dollar assets: Maurice Obstfeld
WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...
Activist fund Oasis boosts Korea team amid investor-friendly policy shift
Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...
Doosan enters race to acquire SK Siltron in strategic semiconductor push
South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...
Korea Zinc faces multiple legal, regulatory challenges in fight against MBK
Korea Zinc Inc. Chairman Choi Yun-birm appears to have kept his grip on the world’s largest zinc smelter after successfully fending off an MBK...
Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...
MBK sees better exit landscape in 2025, bets on governance reform
MBK Partners sees a recovery in the exit environment in 2025 and seeks to capitalize on the opportunities emerging from corporate governance reform ...
STIC Investments draws activist interest, including Align Partners
STIC Investments Inc., South Korea’s only listed private equity firm, has become the latest target of shareholder activism as Seoul-based Alig...
Korean Air purchases GE engines for new Boeing aircraft
Korean Air Lines Co. has agreed to buy engines from GE Aerospace to power its new Boeing aircraft, GE Aerospace said on Wednesday.Under the agreemen...
