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Korea M&A Corporation
Hong Kong's controversial rail merger is back on track after lawmakers gave the go-ahead following a marathon debate. The proposed tie-up between the MTR Corp and Kowloon-Canton Railway Corp, which had been blocked many times by government opponents fearing monopolization, was finally endorsed by 30 to 17 votes in the Legislative Council Friday after 24 hours of debate over the past three days. ..
SHENZHEN, China, June 7 /PRNewswire-FirstCall/ -- China Security & Surveillance Technology, Inc. (BULLETIN BOARD: CSCT) , a leading provider of digital surveillance technology in China, today announced that it has completed the acquisition of Changzhou Minking Electronics Co., Ltd. ('Minking'). Under the terms of the transaction, the Company paid a total consideration of RMB 200 million (approxi..
The Yomiuri Shimbun Precision instrument maker Pentax Corp. is poised to accept a proposal to merge with glass and lens maker Hoya Corp. as part of Hoya's takeover bid, it was learned Tuesday. Pentax has unofficially said it is likely to agree to a takeover bid by Hoya and Pentax's largest shareholder, the asset management company Sparx Group. Pentax President and Chief Executive Officer Takashi..
Recentlry Hanaro Telecom (below 'Hanaro') decided Goldman Sach as strategy advisor. The main shareholder AIG-New bridge capital consortium are preparing for selling share to others. SK group, LG group and KT have interested in acquistion of the that share of Hanaro. After providing IPTV service in Korea, Hanaro's revenues are growing faster than before. Share holder AIG-New bridge capital consor..
By Takahiko Hyuga April 27 (Bloomberg) -- Citigroup Inc. acquired 61 percent of Nikko Cordial Corp., Japan's third-biggest brokerage, falling short of the shares it needs to take full control. Nikko stock rose to 1,738 yen, more than Citigroup offered, as the U.S. company said it may seek more shares. Citigroup will pay 920 billion yen ($7.7 billion) in cash to Nikko shareholders who accepted th..
NCsoft Challenges Nexon by Acquiring Punch Monster‘s Developer?The Korea-based NCsoft has recently announced to acquire the casual game development company - NextPlay and gain 65% stake.Founded in 2003, NextPlay mainly consists of the former developers of Crazy Arcade, a famous casual game. NextPlay's first casual project Punch Monster, whose operation rights were gained by NCsoft in 2007, used ..