Korea M&A Corporation

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 ..

Kim & Chang in awkward position The months-long dispute over a 53.08 percent stake Namyang Dairy Chairman Hong Won-sik sought to sell for 310.7 billion won ($265 million) to local private equity fund (PEF) Hahn & Co. is expected to morph into a protracted legal battle, as the PEF hired Yoon & Yang, a law firm specializing in finance and tax litigation, Wednesday.Some market watchers say the priv..

SK hynix is buying Intel’s NAND memory and storage business for $9 billion, one of the largest acquisitions in Korean corporate history. The deal announced on Tuesday will make the Korean chipmaker the second largest NAND flash maker in the world and accelerate Intel’s retreat from the memory chip business. The board of SK hynix approved the deal on Tuesday and announced it on an electronic disc..

GS Engineering & Construction (E&C) and Hyundai Heavy Industries are eyeing taking a major stake in Doosan Infraore which is being put up for sale as part of Doosan Group's business normalization. "GS E&C and Hyundai Heavy Industries are included on the shortlist to possibly purchase a major stake. Given their core strengths, it makes sense for either of the firms to participate in the upcoming ..

After months of negotiations and trading barbs, Jeju Air finalized its decision on July 23 to scrap its plans to purchase Eastar Jet -- a decision that may have been inevitable for Jeju amid uncertainties, but was detrimental to some 1,500 budget airline employees who may now lose their jobs. “Despite the government’s willingness to support and mediation efforts, the level of uncertainty facing ..

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..

Experties in Key Sectors While we invest in a broad range of industries, the members of Korea M&A has experience and a strong investment and advisory records in the Internet and Mobile, telecommunications and media, financial services, pharmaceuticals and business services industries. Given our strength particularly in Internet, Mobile and financial services, we selectively explore investment op..

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..

HONG KONG — Singapore Airlines was rebuffed Tuesday in an effort to take a stake in China Eastern Airlines in a move that could remake the shape of China’s aviation industry with the possible emergence of one dominant Chinese carrier. A decision by minority shareholders of China Eastern to reject a tie-up with Singapore Airlines and a Singapore government investor has set the stage for an unusua..

SOUTH Korea's largest retailer Lotte Shopping Co plans to acquire a stake in a Chinese discount-store chain to expand its presence on the Chinese mainland, the Seoul-listed company said in a regulatory filing yesterday. Lotte agreed to buy a 49-percent stake in CTA Makro, which now operates five discount stores in Beijing and two in Tianjin, from SHV Holdings NV for 57.6 million euros (US$82.90 ..

Jakarta (ANTARA News) - PT Bank Nusantara Parahyangan said Japan's Mitsubishi UFJ Financial Group Inc and Acom Co Ltd are proposing to acquire a 75.41 pct stake in the company and will later make a tender offer for the remaining shares. In a published prospectus, Bank Nusantara said it has already signed a sales and purchase agreement with UFJ and Acom on Nov 27. No financial details were provid..

South Korea's Eugene Group on Monday said it would pay Won1,950bn ($2,111bn) to take over Himart, the country's largest electronics retailer, after beating rival bidders including CCMP, TPG and MBK Partners. The deal means that the sellers - a consortium led by Affinity Equity Partners - will more than double the amount they invested in April 2005. Eugene Group, a conglomerate with logistics, fi..

Eisai said this morning that it’s dropping $3.9 billion in cash to pick up MGI Pharma, a Minnesota-based company that sells cancer drugs. Consider the deal a parachute for the company to wear when it falls off the patent cliff in 2010, as its biggest selling drug, the Alzheimer’s medicine Aricept, loses patent protection. The Japanese drug business has been struggling — prompting the nation’s he..

Dec. 3 (Bloomberg) -- SK Telecom Co., South Korea's biggest mobile-phone operator, agreed to buy control of broadband-access provider Hanarotelecom Inc. for 1.09 trillion won ($1.18 billion) to expand its Internet business and challenge KT Corp. SK Telecom will acquire 91.4 million shares for 11,900 won each, increasing its stake in Hanaro to 44 percent, the Seoul- based company said in a filing..

Vivendi is to take control of Activision of the US through an alliance that would create the world's biggest video games publisher and bring the hit titles World of Warcraft, Guitar Hero and Call of Duty under one corporate roof. The French group, whose activities span recorded music, pay-TV and mobile telephony, said yesterday that it planned to merge its Vivendi Games unit with Activision, a N..

Citigroup Inc. expects profit from its Taiwan operations to grow in 2008, following its US$427 million acquisition of the Bank of Overseas Chinese, an official said Saturday. Citigroup, the most profitable foreign bank in Taiwan, posted a pretax profit of NT$10.32 billion (US$320 million; euro215 million) during the three quarters ending Sept. 30, according to data on the Financial Supervisory C..

SHENZHEN, Nov 15, 2007 (SinoCast via COMTEX) -- BELLF | charts | news | PowerRating -- Belle International Holdings Ltd. (BIHL, SEHK: 1880), the largest retailer of ladies footwear in China, is to purchase five subsidiaries of Jiangsu Senda Group Co., Ltd. (JSG) with a total of CNY 1.6 billion, said a BIHL executive on November 13, 2007. New Belle Footwear (Shenzhen) Co., Ltd., a wholly-owned su..

Nation’s Largest Bank Close to Taking Over Hannuri Securities for 280 Billion Won By Na Jeong-ju Staff Reporter Kookmin Bank has agreed to buy Hannuri Investment & Securities, a small brokerage firm based in Seoul, for some 280 billion won ($309 million) with its largest shareholder, J.D.K Investment Corp. of the United States, sources close to the deal said Monday. Kookmin will take over the in..

Sydney, Sep 24, 2007 (RWE via COMTEX) -- AXAPF | charts | news | PowerRating -- (RWE Australian Business News) AXA Asia Pacific Holdings Ltd (ASX:AXA) and its Malaysian joint venture partner, AFFIN Holdings, have been granted approval from Bank Negara Malaysia to start negotiations with a view to the possible acquisition of Malaysian Assurance Alliance Berhad (MAA). This approval is required to ..

MANILA, Philippines -- Shares in Jollibee Foods Corp., the Philippines' largest fast food chain, were firmer in early trading Monday after the company announced it has agreed to acquire another restaurant chain in China, for $50.5 million. At 10:13 a.m., Jollibee was up 50 centavos, or 0.9 percent, at P53.50. Volumes, however, were thin with only 192,300 shares changing hands so far. The stock r..

HONG KONG -- The scramble by port operators to invest in the bustling wharves of southern China is evident even in the smallest of deals -- like Hutchison Port Holdings' latest acquisition, an incremental purchase in the biggest port of China's busiest manufacturing region. Hutchison, the world's largest operator of container terminals by volume handled, plans to spend 270.63 million yuan ($36 m..

SEOUL (Reuters) - South Korea will loosen regulations on foreign asset management firms and domestic private equity funds as early as this year, and eliminate rules deterring overseas acquisitions, two ministries said on Thursday. The moves are the latest in a series of deregulation efforts for the financial industry as the government strives to raise its financial clout in Asia, and are aimed a..

NANJING, China, Sept. 6 /Xinhua-PRNewswire-FirstCall/ -- Ever-Glory International Group, Inc. ("Ever-Glory"), a leading apparel manufacturer in the People's Republic of China ("PRC"), today announced that it has completed the acquisition of Nanjing Catch-Luck Garments Co., Ltd. ("Catch-Luck"). The transaction was funded by a combination of $0.6 million in cash and $9.4 million in common stock. U..

NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Asia Automotive Acquisition Corporation announced that was informed by legal counsel for Hunan TX Enterprise Co Ltd. ("TX") that the Changsha Ministry of Commerce has approved the Equity Acquisition Agreement ("Agreement") previously executed among and between the Company and TX on July 25, 2007. The Company previously announced that pursuant to the Ag..

July 30 (Bloomberg) -- Doosan Infracore Co., South Korea's largest maker of construction machinery, agreed to buy Ingersoll-Rand Co.'s Bobcat and other earth-moving equipment units for $4.9 billion in the country's biggest overseas acquisition. The combined businesses had about $2.6 billion in sales last year and make small loaders, excavators and forklifts, Incheon-based Doosan Infracore said i..

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..

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..