SEOUL, Dec. 26 (Korea Bizwire) — The ruling Democratic Party (DP) and the splinter minor Open Democratic Party announced their merger agreement Sunday, in a move meant to strengthen unity in the liberal political bloc ahead of the March 9 presidential election. DP leader Song Young-gil and Choe Kang-wook, the head of the satellite party, [...]
SEOUL, Nov. 30 (Korea Bizwire) — SK Inc., the holding company of South Korean conglomerate SK Group, said Tuesday it has completed the merger with its advanced materials arm to further expand its foothold in such areas as semiconductor and battery materials. SK announced the plan in August to absorb SK Materials Co. in an [...]
ROTTERDAM, Netherlands, Nov. 8 (Korea Bizwire) – Royal Den Hartogh Logistics has identified the Asia Pacific (APAC) region as a key engine of growth and has an aspirational ambition to be a leading regional tank operator offering one-stop deep-sea and intra-APAC logistics services. Den Hartogh is pleased to announce that it is closer to this ambition [...]
SEOUL, Oct. 29 (Korea Bizwire) — Shareholders of SK Materials Co., a semiconductor and display materials arm under SK Group, on Friday approved a plan to merge with its parent company, SK Inc., paving the way for the latter to bolster investment in new growth drivers, including battery materials. The merger approval, released in a [...]
SEOUL, June 24 (Korea Bizwire) — South Korea’s internet conglomerate Naver Corp. said Thursday that two storytelling companies under its wing will merge to strengthen their global competitiveness in digital content. Wattpad Corp., a global multiplatform entertainment company for stories, and Webtoon, the world’s largest digital comics platform, will merge their studio divisions to create [...]
SEOUL, March 31 (Korea Bizwire) — Korean Air Co., South Korea’s largest airline, said Wednesday it plans to launch a merged entity with its smaller rival Asiana Airlines Ltd. in 2024 after completing a takeover process next year. Korean Air, which announced plans to acquire the debt-ridden Asiana for 1.8 trillion won (US$1.6 billion) in [...]
EDEN PRAIRIE, Minn. and DRAPER, Utah, Feb. 24 (Korea Bizwire) — Arcserve, the world’s most experienced data and ransomware protection provider, and StorageCraft, whose mission is to protect all data and ensure its constant availability, today announced that they have signed a definitive agreement to merge. Once completed, the merger of the two highly complementary [...]
BALTIMORE and PHOENIX, July 1 (Korea Bizwire) — WillScot Corporation (Nasdaq: WSC) (“WillScot”) and Mobile Mini, Inc. (Nasdaq: MINI) (“Mobile Mini”) today announced the successful completion of the previously announced merger pursuant to which WillScot, a leading specialty rental services provider of innovative modular space and portable storage solutions across North America, combined with Mobile [...]
BALTIMORE and PHOENIX, June 24 (Korea Bizwire) — WillScot Corporation (Nasdaq: WSC) (“WillScot”) and Mobile Mini, Inc. (Nasdaq: MINI) (“Mobile Mini”) announced that, at their respective special meetings of stockholders held today, over 95% of WillScot and Mobile Mini stockholders present voted to approve the issuance of the merger consideration and the merger agreement, respectively, [...]
HOUSTON, June 11 (Korea Bizwire) — Bristow Group Inc. (NYSE:VTOL) and Era Group Inc. (“Era”) announced today that they have completed their combination (the “Merger”), creating a financially stronger company with enhanced size and diversification. The newly combined company will use the Bristow Group name (“Bristow”) and will remain a publicly traded company on the [...]