Mergers and Acquisitions Archives | Be Korea-savvy
Value of Corporate M&As Up 66 pct in 2021

Value of Corporate M&As Up 66 pct in 2021

SEOUL, March 30 (Korea Bizwire) — The value of corporate mergers and acquisitions in South Korea surged 66 percent on-year last year amid major companies’ active investments in new industry fields, the antitrust regulator said Wednesday. Corporate deals were valued at 349 trillion won (US$288.5 billion) in 2021, compared with 138.4 trillion won a year [...]

Securities Analysts Anxious amid Investigation of Controversial Samsung M&A

Securities Analysts Anxious amid Investigation of Controversial Samsung M&A

SEOUL, Nov. 28 (Korea Bizwire) – Last week, prosecutors began probing the $8-billion merger in 2015 between two Samsung affiliates – Samsung C&T and Cheil Industries – over the possibility that Choi Soon-sil, the center figure in Korea’s influence-peddling scandal, may have also been behind Samsung’s controversial deal.  The merger faced strong challenges from individual [...]

Samsung Acquires U.S. Automotive Electronics Firm Harman for $8 Bln

Samsung Acquires U.S. Automotive Electronics Firm Harman for $8 Bln

SEOUL, Nov. 14 (Korea Bizwire) – Samsung Electronics Co. said Monday it has signed an agreement to acquire U.S. automotive electronics firm Harman International Industries Inc. for about US$8 billion.  With the deal, Samsung will secure “a significant presence in the large and rapidly growing market for connected technologies, particularly automotive electronics, which has been [...]

Financial Regulator Unveils Measures to Nurture Big Investment Banks

Financial Regulator Unveils Measures to Nurture Big Investment Banks

SEOUL, Aug. 2 (Korea Bizwire) – South Korea’s top financial regulator unveiled a set of measures Tuesday to foster big investment banks, a move that could expedite the mergers and acquisitions of local brokerage houses.  The Financial Services Commission (FSC) said it will allow brokerage houses with a capital base worth more than 4 trillion [...]