SEOUL, Oct. 21 (Korea Bizwire) — Aekyung Group, a South Korean cosmetics-to-airline conglomerate, said Monday it has formed a consortium with a local private equity fund (PEF) to submit a final bid for Asiana Airlines Inc. Aekyung and Stone Bridge Capital have joined hands to participate in the auction to acquire a controlling 31 percent [...]
SEOUL, Oct. 8 (Korea Bizwire) — KEB Hana Bank, a major South Korean commercial bank, has withdrawn from a consortium led by brokerage Kiwoom Securities that is expected to submit a bid for a license to set up an internet-only bank, an industry source said Tuesday. The consortium led by Kiwoom Securities was one of [...]
SEOUL, Jan. 2 (Korea Bizwire) — Actress Lee Young-ae has announced that she will be joining a consortium to acquire the nation’s first women’s hospital, which is on the verge of closing. Because Lee gave birth to all her children at Cheil General Hospital & Women’s Healthcare Center and visits the hospital occasionally, she has [...]