Korea M&A Corporation

Dec. 3 (Bloomberg) -- SK Telecom Co., South Korea's biggest mobile-phone operator, agreed to buy control of broadband-access provider Hanarotelecom Inc. for 1.09 trillion won ($1.18 billion) to expand its Internet business and challenge KT Corp. SK Telecom will acquire 91.4 million shares for 11,900 won each, increasing its stake in Hanaro to 44 percent, the Seoul- based company said in a filing..

Vivendi is to take control of Activision of the US through an alliance that would create the world's biggest video games publisher and bring the hit titles World of Warcraft, Guitar Hero and Call of Duty under one corporate roof. The French group, whose activities span recorded music, pay-TV and mobile telephony, said yesterday that it planned to merge its Vivendi Games unit with Activision, a N..

Citigroup Inc. expects profit from its Taiwan operations to grow in 2008, following its US$427 million acquisition of the Bank of Overseas Chinese, an official said Saturday. Citigroup, the most profitable foreign bank in Taiwan, posted a pretax profit of NT$10.32 billion (US$320 million; euro215 million) during the three quarters ending Sept. 30, according to data on the Financial Supervisory C..

China COSCO Holdings Company Limited (SEHK: 1919) announced a private placement of 1,300 million A shares to no more than ten designated investors including its parent China Ocean Shipping (Group) Co. on September 3, 2007. The company will issue 864,270,817 shares at CNY 18.49 per share to China Ocean Shipping (Group) Co. for gross proceeds of CNY 15,980.367 million in its first tranche. The com..

China's Shenzhen Development Bank has agreed to sell a 4.218 billion yuan ($570 million) - BEIJING, Dec 2 - China's Shenzhen Development Bank has agreed to sell a 4.218 billion yuan ($570 million) stake to Baosteel Group, the lender said in a filing to the Shenzhen Stock Exchange. The private placement would consist of 120 million shares set at a price of 35.15 yuan per share. That compares with..

China Finance Online Co. Ltd. said Wednesday it has completed its $3 million acquisition of an 85 percent stake in Hong Kong securities brokerage firm Daily Growth Investment Co. Ltd. Shares of China Finance Online, an online financial data provider, spiked $2.46, or 14.5 percent, to $19.45 in morning trading. The stock has traded between $3.95 and $47.68 during the past 52 weeks. Under the acqu..