Korea M&A Corporation

A special purpose company set up to carry out a management buyout of Skylark Co. has successfully completed a tender offer, moving the restaurant chain toward delisting from the Tokyo Stock Exchange, Skylark said Tuesday.Through the one-month tender offer that ended Monday, the special purpose firm, SNC Investment Co., acquired some 102.6 million shares, or 94.38 percent, of Skylark's outstandin..

Welspun has acquired 85% of Christy, a leading towel brand in UK, which will provide Welspun a foothold in UK's premium home textile market and access to other premium retailers in USA and Europe. The acquisition will entail an initial cash flow of Rs 1000 mn, which will be funded 60% through debt and balance through internal accruals. We believe this acquisition is one of the few slated brand a..

Paul Maidment, 07.03.06, 4:00 PM ETSource from http://www.forbes.com/home/business/2006/07/03/china-mobile-millicom-cx_pm_0703notn.html News that China Mobile's attempt to buy Nasdaq-listed Millicom International Cellular has collapsed is another setback for the "two steps forward, one step back" venture by Beijing into the world of global mergers and acquisitions.Luxembourg-based Millicom, whic..

Recently KTB network which is the biggest venture capital in Korea (below 'KTBn') faces the possibility of hostile M&A. Mirae&Saram, major share holder of KTBn disclosed the plan to sell shares of KTBn. If Mirae&Saram would sell it, the portions of Mr. Kwon who is owner of KTBn is only about 5%. KTBn already exposured in hostile M&A of DongWon security before and defeated it. So KTBn has a lot o..

SEOUL (AFX) - Kumho Asiana Group has been selected as the preferred bidder to buy a controlling stake in Daewoo Engineering & Construction Co Ltd, key creditors led by the Korea Asset Management Corp (KAMCO) said. Prime Group has been named as the reserve bidder, KAMCO said. Three other firms - Eugene Group, Doosan Corp and Samwhan Corp - had also submitted bids.

SK Telecom has signed a strategic partnership agreement with China’s second largest mobile operator China Unicom that will entitle the Korean company to exclusive partnership for 18 months. Korea’s largest mobile operator said Wednesday it signed a contract with CU to purchase convertible bonds worth US$1 billion (W962 billion) to cooperate in the CDMA business and “recognize mutually exclusive ..

June 19 (Bloomberg) -- Kohlberg Kravis Roberts & Co. acquired Australia's biggest garbage collector and a mining services company from Brambles Industries Ltd. for A$1.83 billion ($1.3 billion), its biggest purchase in the Asia Pacific region. The two businesses had combined sales of A$863 million in the year ended June 2005, Melbourne-based Brambles said in a statement today. The Cleanaway oper..

The Murakami fund is expected to sell all of its shares in Hanshin Electric Railway Co., making it certain that Hankyu Holdings Inc. will successfully conclude its tender offer for the railway operator, according to sources.The Murakami fund, which holds some 47 percent of outstanding Hanshin shares, will likely decide to sell the stake Monday, the last day of the tender offer, the sources said ..

Nokia of Finland and Siemens of Germany are expected to announce today that they will merge their telecommunication network equipment businesses in a deal valued at more than $30 billion, people involved in the transaction said Sunday night.The merger is likely to set off a new global wave of consolidation and a round of price wars as the telecommunications industry remakes itself after the past..

By Anna Fifield in SeoulBy Anna Fifield in Seoul Published: June 18 2006 19:05 | Last updated: June 18 2006 19:05Carl Icahn’s shareholder activist team is preparing to step up the pressure in its battle with KT&G.It is considering another proxy battle or even taking legal action over its claimed difficulties in obtaining financial documents from the South Korean tobacco and ginseng group.Adverti..

Flights to Shanghai near Cathay Pacific Airways may gain air rights from Dragon Airlines to Shanghai this year after it buys out the rival, according to Air China's senior management. Cathay Pacific Airways may gain air rights from Dragon Airlines to Shanghai this year after it buys out the rival, according to Air China's senior management. "We are cost sharing, profit sharing and route sharing ..

Abstract Hyundai construction Co., LTD early have graduated Work Out process After deciding former negotiator of Daewoo construction, the lenders group will plan to sell this company. more detail information, contact me. nemoram@gmail.com -------------------------------------------------------------------- 현대건설이 워크아웃(기업개선작업)을 조기졸업했다. 지난 2001년 3월 채권단 공동관리에 들어간 지 5년2개월 만이다. 현대건설은 24일 공시를 통해 25일부터 ..

Shinsegae Takes Over Wal-Mart Wal-Mart Stores Inc, the U.S. largest retailer, has withdrawn their operations from the Korean market. Afterward, Wal-Mart and Shinsegae Co., the South Korean retail giant, held an urgent press conference at the Chosun Hotel on May 22. Shinsegae Co. had announced that they have come to an agreement to take over entire Wal-Mart Korea's equity. The takeover price amou..

Oct. 18, 2005--Monster Worldwide (NASDAQ: MNST), parent company of Monster, the leading global online careers and recruitment resource, today announced the acquisition of JobKorea (www.jobkorea.co.kr), the premier online recruitment web site in South Korea serving more than three million registered users. The aggregate cash purchase price was approximately $94 million, net of cash acquired.The s..

Abstract 1. Foreign direct investment (FDI) into Japan, which were extremely low in comparison to other advanced nations traditionally, has showed a dramatic increase over the past few years (Chart 1), largely owing to growth in Out-In M&A (foreign company's acquisitions of Japanese companies). In terms of the industrial distribution, Out-In M&A implemented in the finance, machinery and telecomm..

Seoul, South Korea, January 8, 2001 – eBay Inc., the world’s largest online trading community (NASDAQ: EBAY; www.ebay.com), today announced that it has signed an agreement to acquire a majority stake in Internet Auction Co. Ltd., Korea’s largest auction-style web site (KOSDAQ: 43790.KQ; www.auction.co.kr). This strategic acquisition establishes eBay in Korea, the second largest online market in ..