M&A Archives | Be Korea-savvy
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 [...]

Sinch AB (publ): Sinch Completes First Part of Acquisition of ACL Mobile

Sinch AB (publ): Sinch Completes First Part of Acquisition of ACL Mobile

Stockholm, Sweden, Sept. 1 (Korea Bizwire) – Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, today announces that the first part of the acquisition of ACL Mobile Limited has been completed. On June 15, 2020, Sinch announced that the company had entered into a definitive agreement to acquire ACL Mobile in two stages, [...]

Rise of OTT Players Spurs Media M&As in S. Korea

Rise of OTT Players Spurs Media M&As in S. Korea

SEOUL, Feb. 21 (Korea Bizwire) — If the rise of global content streaming services like YouTube and Netflix have taught any lessons to those in the Korean media industry, one thing is for sure: You have to become big to survive. An explosive growth in demand for over-the-top (OTT) content in the world’s most-connected country [...]

Province Brands of Canada Announces Proposed Reverse Takeover of Colson Capital Corporation

Province Brands of Canada Announces Proposed Reverse Takeover of Colson Capital Corporation

CALGARY, Alberta, Sept. 24 (Korea Bizwire) — Colson Capital Corp. (“Colson” or the “Corporation”) (TSXV: COLS.P) and Honest Inc., dba Province Brands of Canada (“Province Brands”), are pleased to announce that they have entered into an amended and restated arrangement agreement dated September 17, 2018 (the “Arrangement Agreement”) in respect of their proposed business combination [...]

Williams Scotsman to Acquire ModSpace

Williams Scotsman to Acquire ModSpace

BALTIMORE, Jun. 22 (Korea Bizwire) — WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) the leading specialty rental services provider of innovative modular space and portable storage solutions across North America, today announced that it has entered into a definitive agreement to acquire Modular Space Holdings, Inc. (“MS Holdings”), the parent holding company of Modular Space Corporation (d/b/a [...]