Korea M&A Corporation

Woori Financial Group plans to re-nter the brokerage industry by acquiring the digital brokerage firm Korea Foss Securities and merging it with its existing investment banking subsidiary, Woori Investment Bank.This merger, scheduled for completion in the third quarter, marks Woori's return to stock trading after a decade. The combined entity will aim to position itself among the top ten brokerag..

Kraton Corporation entered into a merger agreement under which DL Chemical will acquire 100% of Kraton in an all-cash deal, implying an enterprise value of $2.5bn, the company said on Monday. Per the agreement, Kraton stockholders will receive $46.50 in cash for each share of Kraton common stock they own. The deal represents a premium of 50% over Kraton’s unaffected market valuation as of early ..

https://img.koreatimes.co.kr/upload/newsV2/images/202108/9a39a39261514579b8e5bcf5f40eb178.jpg/dims/resize/740/optimize Top conglomerates keeping eye on Korea's No. 2 foundry chipmaker As semiconductors, electric vehicle (EV) batteries and displays are classified as national strategic industries, many governments are actively investing in these high-technology industries.Among the core strategic ..

Like many other countries, South Korea has its own merger notification & competition review regimes. This means if your M&A deal involving a Korean company or business meets the merger notification thresholds prescribed in the rules of the Korean competition authority, you need to make a merger filing. And your transaction becomes subject to the authority’s competition review. Thus, it is impera..

JP Morgan Chase topped South Korea’s merger and acquisition (M&A) league table from January to June this year after leading several mega deals in the subdued M&A market under COVID-19 influence. The Korean unit of the New York-based investment bank topped the list of the M&A league table by closing 3.37 trillion won ($2.8 billion) worth deals in Korea in the first half, according to data release..

Focus on Asia Pacific Korea M&A has a dedicated geographic focus on North Asia - Korea, Japan and Greater China (China, Taiwan and Hong Kong). We focus our investment activities in these markets on the basis of our competitive advantage in these geographies. To cover these markets, our investment teams are located in Seoul. Local and Independent Investment Teams All of our investment professiona..

Hillstone Private Equity (below 'Hillstone PE') focuses on Asia pacific ICT market. Hillstone PE invests in Asian ICT companies by finding and partnering with ‘best-in-class’ operational management teams with specific expertise and significant experience and track-record within niches of the Asia Pacific ICT sector, primarily in Mobile, Internet, and Game. Following substantial due diligence, ty..

Merrill Lynch & Co., Inc., (NYSE: MER) announced that today it completed the merger of First Republic Bank with and into Merrill Lynch Bank & Trust Co., FSB, a wholly-owned subsidiary of Merrill Lynch. As a result of the transaction, First Republic, a private banking and wealth management firm focused on high net worth individuals and their businesses, will operate as a division of Merrill Lynch..

SHANGHAI (XFN-ASIA) - China B-shares were sharply higher in early trade amid reports that the securities watchdog is still studying the reform of the B-share markets, dealers said. The Shanghai Securities News quoted Qi Bin, director-general of research and strategy at the CSRC, as saying it needs to proceed 'prudently' because market opinion on B-share reform is so diverse, with some proposals ..

TOKYO, July 20 (Reuters) - Japan's JVC (6792.T: Quote, Profile, Research) has agreed to form a business and capital alliance with Kenwood Corp. (6765.T: Quote, Profile, Research) to boost its financial strength and keep up with fierce price competition, sources close to the matter said on Friday. Under the pact, struggling consumer electronics maker JVC, owned 52 percent by Matsushita Electric I..

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. ..

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..

ABN Amro, one of the five biggest Dutch banks, has confirmed that it is holding "exclusive, exploratory talks" with British bank Barclays on a possible merger, Dutch daily Financiele Dagblad reported Tuesday. The two banks on Monday evening said in almost identical statements that the discussions are at an "early and exploratory stage." According to the banks, the approach is the result of "a ca..

Tanabe Seiyaku Co., Ltd. Mitsubishi Pharma Corporation and Mitsubishi Chemical Holdings Corporation have reached an agreement in principle on the proposed merger between Tanabe Seiyaku and Mitsubishi Pharma on October 1, 2007. TOKYO, Japan | Feb 02, 2007 | Tanabe Seiyaku Co., Ltd. (Natsuki Hayama, President & Representative Director; hereinafter “Tanabe Seiyaku”), Mitsubishi Pharma Corporation (..

Malaysia's two main Chinese-language newspaper groups plan to merge with one in Hong Kong to create a global Chinese media conglomerate owned by a Malaysian timber tycoon, according to an investment bank that drew up the proposal. The merger will bring together Hong Kong's Ming Pao Enterprises Corp. and Malaysia's Sin Chew Media Corp. and Nanyang Press Holdings Bhd. Businessman Tiong Hiew King T..

Futata Co., a men's suit chain based on Japan's southern island of Kyushu, said it will accept Konaka Co.'s $93 million merger proposal, thwarting rival Aoki Holdings Inc.'s counter bid. ``We decided to refuse Aoki's merger proposal as we seek a merger with Konaka,'' Futata said in a statement released at the Tokyo Stock Exchange. The company said it chose Konaka, Futata's largest shareholder wi..

By becoming the second-largest shareholder of Toppan CFI (Taiwan), a color filter (CF) maker and Taiwan-based subsidiary of Japan-based Toppan Printing, AU Optronics (AUO) will secure the fifth-generation (5G) CFs needed by itself and Quanta Display (QDI), which will soon be merged into AUO, according to HB Chen, president, COO and spokesperson of AUO. Since QDI’s current in-house CF supply is n..

TWO leading Chinese steelmakers plan to form a new company that could become the second-biggest domestic mill by output, in the latest example of consolidation in the fragmented steel industry. Jinan Iron & Steel Group and Laiwu Iron & Steel Group, both in Shandong Province, have agreed to pool assets to create Shandong Iron & Steel Group, Jinan's listed unit said in a filing yesterday. The rest..

HUANG Guangyu, the Chinese mainland's richest individual and owner of Gome Appliance, is eying a merger with rival Suning Appliance Co after acquiring China Paradise last week. But Suning, the second-biggest home appliance chain in China, yesterday responded coldly to Huang's offer, saying it will not accept such a proposal as it is in a strong position and expanding rapidly. "Suning is a listed..

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..

SBC, Ameritech see core business shift By John Borland Staff Writer, CNET News.com January 21, 1999, 12:30 p.m. PT news analysis As SBC Communications and Ameritech move toward merging their operations, their core businesses are changing as quickly as their ownership. The two companies each released fourth quarter earnings today, showing companies driven more and more by data, wireless, and over..

Warner-Lambert, Pfizer Complete Merger By Warren Gump (TMF Gump) June 21, 2000 Summary: Pharmaceutical companies Pfizer and Warner-Lambert completed their merger on Monday. The new company now needs to deliver on its promise of 25% earnings-per-share growth and $1.6 billion in annual savings. Wrapping up a nasty takeover battle that erupted last year, Pfizer (NYSE: PFE) and Warner-Lambert comple..

NetZero and Juno Announce Strategic Merger; Companies Combine To Become Nation's Second-Largest Internet Access Provider; New Company to be Named United Online, Inc. June 7, 2001 6:39pm Business Wire's Home Page at www.businesswire.com and at www.newstream.com WESTLAKE VILLAGE, Calif. and NEW YORK--(BUSINESS WIRE)--June 7, 2001--NetZero, Inc. (Nasdaq:NZRO) and Juno Online Services, Inc. (Nasdaq:..

JDS Uniphase closes SDL merger; cuts Q3 estimates By Larry Barrett Inter@ctive Investor February 13, 2001 5:33 PM PT Fiber-optic components giant JDS Uniphase completed its $13.5 billion merger with SDL Tuesday and then promptly warned that the combined company will miss analysts'' sales and earnings targets in the third quarter. JDS Uniphase (Nasdaq: JDSU), which announced its intention to buy ..

SmithKline, Glaxo merger valued at $75 billion January 17, 2000 SmithKline Beecham and Glaxo Wellcome agreed to merge and form the world's biggest pharmaceutical company in a deal valued at $75.7 billion. Both companies are based in London. SmithKline's U.S. headquarters is in Philadelphia; Glaxo's is in North Carolina. Under the proposed agreement, SmithKline COO Jaun-Pierre Garnier will serves..

Citigroup Plans 10,400 Job Cuts By Patricia Lamiell AP Business Writer Tuesday, December 15, 1998; 3:10 p.m. EST NEW YORK (AP) — Citigroup announced 10,400 job cuts today, more than had been expected, as part of a major restructuring that will cost the company $900 million in lost earnings. The announcement marks the first time the company has divulged details of its huge restructuring program a..

Bell Atlantic, GTE Plot Merger's Future By Rebecca Cantwell, Inter@ctive Week July 3, 2000 The creation of Verizon Communications as the nation's largest local phone company will be a work in progress for years, but look for the promotional blitz to start soon and for the bills of two phone companies to have a new logo this summer. Bell Atlantic (www.bellatlantic.com) and GTE (www.gte.com) face ..

US Report: Key issues for the Netscape-AOL merger Given that Wall Street is on watch for the America Online and Netscape merger, investors should keep their eyes open for a few potentially major issues before getting euphoric about AOL shares. Those details include: earnings dilution, profits, integration, regulatory concerns and a few other things that could really throw a wrench into the AOL m..

The announcement of a merger sends a strong message to the market: you are trying to move the business forward; you are looking for expansion and rationalization opportunities; you are responding to the increasing pressures of globalization and technological change. Unfortunately, such an announcement also sends just as strong a message to your competitors and to the recruiting firms that serve ..