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WillScot and Mobile Mini to Combine, Creating a North American Leader in Modular Space and Portable Storage Solutions

BALTIMORE and PHOENIX, March 2 (Korea Bizwire) — WillScot Corporation (NASDAQ: WSC) (“WillScot”) and Mobile Mini, Inc. (NASDAQ: MINI) today announced the companies have entered into a definitive merger agreement under which WillScot, a leading specialty rental services provider of innovative modular space and portable storage solutions across North America, will combine with Mobile Mini, [...]

CoImmune Inc., a US-based Clinical-stage Biotech, and Formula Pharmaceutical Inc. Agree to Merge in an All-stock Transaction

DURHAM, N.C., Jan. 15 (Korea Bizwire) — CoImmune, Inc. and Formula Pharmaceuticals, Inc. announced today the merger between the two companies, bringing together two therapeutic immuno-oncology platforms. Upon completion of the merger of Formula Pharmaceuticals into CoImmune, bringing forth access to all of Formula Pharmaceuticals’ tangible and intangible assets, the merged company will continue to [...]

Gov’t Approves Merger of LG Uplus-CJ Hello

SEOUL, Dec. 15 (Korea Bizwire) – The merger between South Korean mobile carrier LG Uplus Corp. and cable and budget phone operator CJ Hello Co. received final approval from the government Sunday in a development that could lead to more investment and growth in the local telecom and broadcasting sector. The conditional permission follows a [...]

Naver’s Japanese Affiliate Line, Yahoo Japan Merge to Battle with Global AI Behemoths

SEOUL/TOKYO, Nov. 18 (Korea Bizwire) – Japanese messaging app provider Line Corp., controlled by South Korea’s No. 1 internet portal, Naver Corp., and internet portal Yahoo Japan Corp. said Monday that they have reached a basic merger deal, in a move to form a leading artificial intelligence (AI) company to compete with global behemoths. Under [...]

AGF’s Long-term Investment in the U.K. Delivers Strategic Value to Its Shareholders

TORONTO, Sept. 19 (Korea Bizwire) — AGF Management Limited (TSX:AGF.B) today confirms a merger between Smith & Williamson and Tilney to create the U.K.’s leading integrated wealth management and professional services group with over £45 billion in assets under management and £500m of revenues. “AGF would like to congratulate Smith & Williamson and Tilney on [...]

Chemical Firms Absorb Units to Boost Profitability, Efficiency

SEOUL, Sept. 15 (Korea Bizwire) — South Korea’s major chemical companies are bulking up by absorbing their advanced material-producing affiliates in a move to increase their profitability amid the global economic slowdown, market watchers said Sunday. In recent months, three chemical firms have announced they will absorb their wholly owned subsidiaries to streamline their chemical [...]

SK Telecom, 3 Broadcasters to Launch OTT Platform Next Month

SEOUL, Aug. 20 (Korea Bizwire) — South Korean mobile carrier SK Telecom Co. and three broadcasters got a nod from the local antitrust watchdog on Tuesday to launch a new over-the-top (OTT) service next month, in their bid to take on global media giants such as Netflix. The Fair Trade Commission (FTC) said it approved [...]

Gemphire Therapeutics and NeuroBo Pharmaceuticals Announce Merger Agreement to Advance a Neurodegenerative Disease Company

LIVONIA, Mich. and BOSTON, Jul. 26 (Korea Bizwire) — Gemphire Therapeutics Inc. (Gemphire) (Nasdaq: GEMP), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment of dyslipidemia as well as nonalcoholic fatty liver disease, and NeuroBo Pharmaceuticals, Inc. (NeuroBo), a privately-held clinical-stage biotechnology company focused on novel, disease-modifying therapies for neurodegenerative diseases, today jointly [...]

Hyundai Heavy Shareholders OK Split-up Plan amid Harsh Labor Opposition

SEOUL/ULSAN, May 31 (Korea Bizwire) — Shareholders of Hyundai Heavy Industries Co. on Friday approved the company’s split-up plan ahead of a proposed merger with a smaller local shipbuilder amid fierce opposition from its labor union. The split is the first step in the process of Hyundai Heavy’s planned merger with Daewoo Shipbuilding & Marine [...]

Hyundai Heavy’s Merger Faces Critical Juncture Next Week amid Backlash

SEOUL, May 26 (Korea Bizwire) — Tensions are mounting ahead of Hyundai Heavy Industries Co.’s planned shareholders meeting next week as unionized workers remain staunch in their opposition to the company’s split-up plan for a merger with a small local shipbuilder, industry sources said Sunday. Hyundai Heavy shareholders are set to approve splitting of the [...]