SEOUL, July 22 (Korea Bizwire) — South Korea’s mid-sized and smaller business groups are increasingly leveraging mergers and acquisitions (M&A) to expand their reach, diversify services, and create synergies between legacy businesses and emerging growth engines — from hospitality and aviation to cosmetics, food tech, and education. Recent deals underscore how cross-sector integration is reshaping [...]
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% [...]
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 [...]
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 [...]
SEOUL, March 9 (Korea Bizwire) — Mergers and acquisitions by South Korean firms decreased 7.7 percent in 2022 from a year earlier amid economic uncertainties, data showed Thursday. The number of mergers came to 1,027 cases last year, down from 1,113 cases tallied in 2021, according to the Fair Trade Commission (FTC). They were valued [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Jan. 28 (Korea Bizwire) – Samsung Electronics Co. on Thursday said it aims to clinch merger and acquisition (M&A) deals and expand investments in the upcoming years as the South Korean tech giant eyes to fend off challenges from its rivals amid global uncertainties In its conference call, Samsung’s chief finance officer Choi Yoon-ho [...]