US-based global private equity firm Blackstone Inc. has acquired Juno Hair, South Korea’s largest premium hair salon chain, in a deal that values Juno Hair Group at 800 billion won ($590 million).
LG Energy Solution Ltd., one of the world’s top battery makers, has won an order to supply electric vehicle batteries to German automotive giant Mercedes-Benz in a deal estimated at 15 trillion won ...
Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading producer of specialty gases used in semiconductor and advanced display ...
South Korea will significantly tighten investment rules for single-stock leveraged exchange-traded funds (ETFs), requiring retail investors to hold 30 million won ($20,283) in cash before making new ...
Doosan Group is set to close a deal to acquire 100% of SK Siltron Co., a roughly 5.5 trillion won ($3.7 billion) transaction that would recast the South Korean conglomerate around semiconductors by ...
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700 billion won ($480 million) to capitalize on the recent ...
Mirae Asset Global Investments Co. has invested around 150 billion won ($110 million) in Perplexity AI Inc., an AI-driven search engine developer, at a valuation of $20 billion, according to people ...
Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker, for 2.45 trillion won ($2 billion). MBK on Thursday signed a share purchase ...
Lee Sang-hyeok, globally known as Faker, has made history by becoming the first esports athlete to receive South Korea’s highest sporting decoration, the Cheongryong (Blue Dragon) Medal of Sports. Lee ...
South Korea’s M&A market for membership golf courses has ground to a halt after the acquisition tax rate tripled to 12% this year, dealing a blow to companies seeking to improve their financial ...
TA Associates Management is seeking to exit milk tea franchise Gong Cha as South Korea’s dessert drink market becomes increasingly crowded with new entrants and low-cost coffee chains. (Courtesy of ...
South Korea has won its bid to annul a $108 million investor-state award that was originally in favor of US hedge fund Elliott Investment Management. Anton Ware, partner at Arnold & Porter South ...
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