M&A Archives | Be Korea-savvy
Economic Downturn Fails to Slow South Korean M&A Push

Economic Downturn Fails to Slow South Korean M&A Push

SEOUL, Feb. 21 (Korea Bizwire) — Despite a prolonged economic downturn and high interest rates, several prominent South Korean mid-sized companies are actively pursuing major mergers and acquisitions, highlighting a shift in corporate strategy.  The number of completed M&A deals valued at over 10 billion won in South Korea reached 474 in 2024, marking a 12% [...]

Korean Pharmaceutical M&A Activity Surges as Companies Seek Growth

Korean Pharmaceutical M&A Activity Surges as Companies Seek Growth

SEOUL, Feb. 19 (Korea Bizwire) — South Korea’s pharmaceutical and biotech sector has kicked off 2024 with a flurry of merger and acquisition activity, as companies move to strengthen their market positions and diversify their portfolios.  GC Wellbeing, a subsidiary of GC Group, recently acquired Inibio, a developer of botox products, in a move to expand [...]

Hitachi Energy Acquires eks Energy

Hitachi Energy Acquires eks Energy

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Zurich, Switzerland, Oct. 24, 2023 (Korea Bizwire) -- Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks [...]

Financial Regulator Seeks to Allow Retail Investors to Sell Shares Before M&As

Financial Regulator Seeks to Allow Retail Investors to Sell Shares Before M&As

SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s financial regulator said Wednesday it plans to introduce a mandatory takeover bid rule aimed at protecting retail investors in case of a corporate merger and acquisition (M&A). The rule obligates a takeover bidder to buy shares of its targeted business in the stock market, giving a chance [...]

Samsung Electronics Looking to Deliver ‘Good News’ on M&A in Near Future: Vice Chairman

Samsung Electronics Looking to Deliver ‘Good News’ on M&A in Near Future: Vice Chairman

LAS VEGAS, Jan. 5 (Korea Bizwire) — Samsung Electronics Co. has been working hard on acquisition opportunities, a top executive said Wednesday as the tech giant seeks to provide differentiated products for its customers and further expand its business. “I cannot tell you in detail, but what I can say is that we are extensively reviewing [...]

Shinsegae Vice Chairman Bets on Aggressive M&As

Shinsegae Vice Chairman Bets on Aggressive M&As

SEOUL, July 29 (Korea Bizwire) — From eBay Korea to Starbucks Coffee Korea, Shinsegae Group vice chairman Chung Yong-jin’s aggressive M&A strategy is attracting significant attention. E-Mart Inc., a discount store chain under Shinsegae Group, bought an additional 17.5 percent stake in Starbucks Coffee Korea on Tuesday, paying 474.2 billion won (US$412 million) to become [...]

Krafton Eyes Aggressive M&As After IPO

Krafton Eyes Aggressive M&As After IPO

SEOUL, July 26 (Korea Bizwire) — Krafton Inc., the video game company behind “PlayerUnknown’s Battlegrounds” (PUBG), said Monday it is aiming for aggressive mergers and acquisitions (M&As) after its initial public offering (IPO) next month, as it eyes to expand its foothold in the global video game market. Krafton is scheduled to go public on [...]

State Lenders to Offer $3 bln in Loans for SK hynix’s M&A

State Lenders to Offer $3 bln in Loans for SK hynix’s M&A

SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s state-run lenders and SK hynix Inc. signed an agreement to provide US$3 billion in loans to support mergers and acquisitions by the world’s second-biggest memory chipmaker, officials said Tuesday. The Korea Development Bank (KDB), Export-Import Bank of Korea (Eximbank) and NH Nonghyup joined the financing deal, which [...]