acquisition deal Archives | Be Korea-savvy

CJ ENM in Talks for Taking Over SM Entertainment

SEOUL, Oct. 19 (Korea Bizwire) — CJ ENM, a leading entertainment and media company, is in talks to bring K-pop powerhouse SM Entertainment under its control, a source with direct knowledge of the talks has said. The deal, if realized, would see the birth of an entertainment giant that could shake the Korean pop cultural [...]

SsangYong to Open Bid for New Buyer

SEOUL, Aug. 29 (Korea Bizwire) — Cash-strapped carmaker SsangYong Motor Co. plans to receive acquisition proposals through mid-September, as a two-way race between two local investors is expected, industry sources said Sunday. The firm plans to receive bids from potential buyers through Sept. 15. So far, a total of 11 investors from home and abroad [...]