Korea M&A Corporation

Six investors including SK Networks Co. and private equity firm MBK Partiners have submitted their final bids to buy South Korea's biggest car rental firm KT Rental, in what could be the largest merger and acquisition deal in the first half, industry sources said Wednesday.KT Corp, the parent of KT Rental, put their entire stake in the car-rental service firm up for sale in June in a deal expect..

MBK Partners, the largest private equity firm in Korea, became a new owner of ING Life Korea after much controversy.The Financial Services Commission (FSC) announced at its December 11 meeting that it approved Life Investment Ltd., a special purpose company established by the Korean private equity fund MBK Partners for the transaction, as the largest shareholder of ING’s wholly-owned life insura..

Korea’s largest online game developer Nexon bought Norway’s Stokke AS, the maker of well-known children’s Tripp Trapp highchairs. Nexon’s holding company NXC Corp. announced on December 15 that it acquired a 100% stake in Stokke through its subsidiary NXMH that specializes in investment based in Belgium. Although the purchase price was not made public, Norwegian media outlets reported the price ..

Samsung and Best Buy, one of the biggest retailers in the U.S., already enjoy quite a comfortable relationship. The Korean manufacturer has opened up “Experience Shops” in nearly 1,400 Best Buy outlets, which are essentially a Samsung store within a Best Buy store. The outlets benefit from the foot traffic while Best Buy would presumably be earning from loaning out its retail space. Recently the..

CALGARY, ALBERTA--(Marketwired - Oct. 9, 2013) - CanAsia Financial Inc. ("CanAsia" or the "Company") (TSX VENTURE:CNA) is pleased to announce that it has signed an arms-length non-binding letter of intent dated October 3, 2013 (the "LOI") with Global Neuro Technologies Inc. ("GNT"), a private company incorporated under the laws of the British Virgin Islands, whereby the Company will acquire all ..

Ansell Ltd, the maker of condoms and surgical gloves, has bought South Korean industrial glove-maker Midas Ltd for $US41.1 million ($A43.5 million), including debt. Eight years ago, Midas was chosen by Ansell to become a supplier.Midas, a closely held company founded in 1998, now has annual revenue of about $US30 million and 300 employees. It makes knitted and cut-resistant gloves with polyureth..

Samsung Group was reported to be nearing the completion of an acquisition agreement with Novaled AG, a German company that made materials used to light up television screens and smartphones. The deal would cost more than US$200 million. This information came from two sources who were familiar with the matter."We are internally reviewing plans to acquire Novaled, but no details have been set yet,..

China Auto Logistics Inc. (the "Company") (NASDAQ: CALI), a top seller in China of luxury imported automobiles, a leading provider of auto-related services, and developer and operator of a leading automobile portal and auto-related websites, announced today that a wholly owned subsidiary of the Company has signed a non-binding Letter of Intent (the "LOI") to acquire and operate the Airport Inter..

Desert Mines and Metals (ASX: DSN) will use an acquisition to gain exposure to the South Korean molybdenum sector, which includes the Daehwa Project - one of the largest historical molybdenum mines in the country. At the project a South Korean Government funded drilling program in progress, with recent drilling confirming molybdenum and tungsten mineralisation. Importantly there is an establishe..

China Green Star Agricultural Corporation (TSX VENTURE:GRE) (the "Company") today announced that its Chinese operating subsidiary, Fujian Province Pucheng County Star of Green Food Stuff Company Ltd. (the "Purchaser"), has entered into a binding Letter of Intent (the "LOI") to acquire a Chinese tomato pulp producer, located in northeastern China. The acquisition price, of 35 Million RMB (CDN $5...

A central China-based meat processing company is acquiring Smithfield Foods for 4.7 billion U.S. dollars. It’s reported that Shuanghui offered 34 dollars a share for Smithfield, a 31-percent premium to its closing stock price on Tuesday.The Chinese company will assume 2.4-billion of Smithfield’s debt. This would mark the largest Chinese takeover of a U.S. company, with an enterprise value of 7.1..

China's Internet giants have gone on a new acquisition spree in recent months as they ramp up their efforts to diversify their business amid the industry's constantly changing dynamics. Alibaba Group, China's leading e-commerce firm, announced last week that it will pay USD 294 million for a 28 per cent stake in a digital mapping company, AutoNavi Holdings Ltd. The move follows Alibaba's recent ..

CGI Korea (Korea M&A) & Shinhan Bank advised on the divestment of Plasmart, leading plasma technology company. ----------------------------------------------------------------------------------------------------------------------------ANDOVER, Mass., Aug. 30, 2012 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (Nasdaq:MKSI), a global provider of technologies that enable advanced processes and improve..

Nestle SA (NESN)’s biggest acquisition in China is giving traders a chance to reap a 23 percent profit without the risk of losing any money on the deal. Nestle agreed to buy 60 percent of Hsu Fu Chi International Ltd. (HFCI), the Dongguan, Guangdong-based candy maker, for S$2.07 billion ($1.7 billion) in July. After surging above the all-cash offer of S$4.35 a share, Hsu Fu Chi gave up all the g..

China's state-owned Bright Food Group has agreed to buy Australian branded food business Manassen Foods, giving it an enterprise value (EV) of over A$500 million ($516 million), a person with direct knowledge of the matter told Reuters on Sunday. Bright Food is buying 75 percent stake in Manassen, which is being sold by CHAMP Private Equity. The deal will mark Bright's biggest ever overseas acqu..

SandRidge Energy completed a major deal this week with Korean investment firm Atinum Partners, to fast track the development of its large holding in the Mississippian horizontal oil play. The deal will involve Atinum paying $250 million up front and another $250 million in a cost carry for a 13.2% interest in 860,000 acres. The Mississippian play in Oklahoma and Kansas is an oil weighted play th..

INDONESIA'S CENTRAL BANK has temporarily barred takeovers in the banking sector, citing upcoming ownership rules, sowing more uncertainty about the regulatory environment in Southeast Asia's biggest economy. GLOBAL PRIVATE EQUITY firm Lone Star has put a Tokyo property on sale aiming to raise up to 100 billion yen ($1.3 billion) before loans on the office and banquet hall complex mature early ne..

The Abu Dhabi Investment Authority may invest $100 million in Russian regional banks through a fund set up by the International Finance Corp. and VEB, Russia’s state-run development bank, Kommersantreported. Investment funds from South Korea have also expressed interest in the fund, which may invest as much as $1 billion, the newspaper reported, citing documents prepared for VEB’s supervisory bo..

First Insurance Co. of Hawaii , the largest insurance company in Hawaii, is being acquired by Tokio Marine Holdings Inc. Tokio Marine, which is already a 50 percent owner of the Honolulu-based property and casualty insurer, said Thursday it would acquire the other 50 percent from Continental Insurance Co., a subsidiary of Chicago-based CNA Financial Corp. The transaction, which requires regulato..

China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. has signed an agreement with Tandem Receivable Solutions to a western distributorship. Tandem, working as an Independent Revenue and Contracting Consultant, is committed to assisting the Company from sales through collections for their clients and facilities nationwide. Tom Toland, CEO of SurgLine stated, "As busines..

Bohai Pharmaceuticals Group, Inc. BOPH -15.89% (otcqb:BOPH), today announced that it has consummated a significant acquisition of a complementary Traditional Chinese Medicine (TCM) company in China, Yantai Tianzheng Pharmaceutical Co., Ltd. Like Bohai, Yantai Tianzheng produces, manufactures and distributes modernized herbal medicines based on TCM in China. Based in Yantai City (where Bohai is a..

South Korea’s CJ CheilJedang Corporation and France’s Arkema SA are investing a combined RM2 billion in Malaysia’s industrial bioTECHNOLOGY [] sector, the largest investment to-date for the sector, Datuk Seri Najib Tun Razak said. The Prime Minister said on Friday, Aug 12 the plant was expected to generate about RM20 billion of cumulative sales by 2020 and provide employment opportunities to alm..

H&M plans to double the number of stores it operates in Japan over the next year, it has been revealed. The high street retailer is due to invest heavily in the country because it sees Japan as an area of growth, Reuters reports. Mie Anton, a spokeswoman for H&M in Tokyo, told the news provider: "Japan is definitely an important market and we still see potential for growth here. "Japanese custom..

GREE, Japan’s leading mobile social gaming platform, announced today that it plans to invest in UltiZen Games, a Chinese PC, mobile, and browser-based game developer that also provides art outsourcing services for a variety of gaming platforms. GREE will buy shares equivalent to 5.1 percent of voting rights in the Chinese company. GREE’s investment may best be understood in the broader context o..

Japan's largest telecom service provider NTT Docomo Inc on Wednesday announced that it had acquired a 25 per cent stake in Viet Nam's VMG Media Joint Stock Company to expand the firm's services in the Asia-Pacific region The stake, worth approximately VND370 billion (US$17.8 million), represents Docomo's first investment in Viet Nam. Established in 2006, VMG Media controls one-fourth of the mobi..

Addressing a seminar titled, “Regional Development and Sino- Pak Relations,” here at Sir Syed Memorial Society, he said Chinese investments and projects in the country amounted to US$ 25 billion which were multiplying with each passing day. “I believe that the US will not leave Afghanistan which is a center from where they can watch China, Pakistan, Iran and other important regional players.Afgh..

Source from http://www.streetauthority.com/income-investing/may-be-safest-way-invest-china-458496 It's a familiar dilemma for U.S. investors. With the U.S. economy being stuck in low gear, delivering a paltry 1.3% growth in the second quarter of the year, investors are looking elsewhere for great returns. A great place to start is China. China has been delivering terrific growth -- in the second..

Aug 12, Colombo: One of the largest port operators in the Asian region, the Hong Kong-based China Merchants Holdings International (CMHI) has finalized a deal to build and operate a container port in the Sri Lankan capital of Colombo, a Dow Jones news report said. The Company has signed a deal to invest more than US$500 million to build and operate a container port in Colombo. The blue-chip cong..

Chinese banks have poured more than $1 billion into real estate loans in New York City in the past year. Investors from China are snapping up luxury apartments and planning to spend hundreds of millions of dollars on commercial and residential projects like Atlantic Yards in Brooklyn. Chinese companies have signed major leases at the Empire State Building and at 1 World Trade Center, which is t..

JFE Steel Corp. said Friday that it will consider investing in a new steel-making plant in Brazil that mining giant Vale SA VALE +0.62% and two South Korean companies recently agreed to launch in Ceara state in the country's northeast region. The move means Tokyo-based JFE has decided to switch its investment in Brazil from an initially planned project that the company released in 2008. JFE, a ..