MBK Partners under Korean tax agency scrutiny

MBK Partners, a leading North Asia-focused private equity firm, has come under a probe by South Korea’s National Tax Service (NTS) amid the br...

S.Korean grocery delivery platform Oasis at forefront to acquire TMON

South Korea’s grocery delivery platform Oasis Corp., which has been looking to expand its e-commerce market at home and abroad, is seeking to ...

Seoul Private Equity seeks to buy Winia under court receivership

Seoul Private Equity has signed a conditional agreement to buy Winia Co., a home appliance manufacturer under court receivership, through a stalking...

Taeyoung’s fresh measures raise hope for debt workout

Taeyoung Group, South Korea’s midsize conglomerate controlling logistics, media and construction businesses, on Tuesday vowed to offer up its ...

Edison Motors and Ssangyong Motor ink takeover deal

Ssangyong Motor Co. has finally found a new owner. South Korea’s bankruptcy court approved Ssangyong Motor Co. and electric carmaker Edison Mo...

Corporate bankruptcy filings hit all-time high in Korea amid global pandemic

Corporate bankruptcy cases in July posted a historic high with 103 filings, mirroring the global impact of the pandemic and its heavy blow to Sou...