Korea M&A Corporation

Edison Motors, South Korea’s leading EV bus maker, and the bankrupt SsangYong Motor are likely to seal their merger and acquisition deal this week. Legal circles and automobile industry insiders expect the M&A to take place by this week or by Jan. 7 the latest. “We need to adjust the contents of the contract, but if the discussion goes well, it can be done within this month. If the adjustment is..

Hyundai LNG Shipping Co. expects to draw new capital of 100 billion won ($84.2 million) from a local private equity firm, adding appeal to the planned sale of South Korea’s largest LNG carrier. According to multiple sources from the investment bank industry on Sunday, Daishin Private Equity is in talks with Hyundai LNG Shipping’s biggest shareholder IMM Private Equity to invest 100 billion won i..

Lotte Group is considering offloading its stalled theme-park project in northeastern China for at least 10 billion yuan ($1.6 billion), according to people familiar with the matter. South Korea’s largest operator of hotels, theme parks and duty-free stores is working with an adviser to gauge interest from potential investors, the people said, asking not to be named as the information is private...

MBK Partners, the nation's largest private equity fund operator, is seeking to take over online shopping mall platform Korea Center and e-commerce platform Danawa. The private equity company intends to become the largest shareholder of Korea Center, which in turn will acquire Danawa with investment funds from MBK Partners. The deal will be made only when Korea Center succeeds in acquiring Danawa..

Endeavor has struck a deal to sell a majority stake in its Endeavor Content studio to South Korean media giant CJ ENM, the company behind films like Parasite and Snowpiercer, for $775 million. The deal values the company at $850 million. Endeavor will retain a 20 percent stake in Endeavor Content and is also holding on to its non-scripted and film sales divisions. (The Wall Street Journal first ..