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Monday, January 20, 2020
HDC-gets-closer-to-buying-Asiana

HDC set to buy Asiana

HDC consortium named preferred bidder for Asiana Kumho Asiana Group named the consortium of Hyundai Development (HDC) and Mirae Asset Daewoo as the preferred bidder for Asiana Airlines, the country's No. 2 flag carrier. Kumho, which tries to sell its 31.05...
Will-HDC-acquire-Asiana

Will HDC acquire Asiana?

Three players strive to purchase No. 2 flag carrier Two consortia led by Aekyung Group and Hyundai Development (HDC) each strive to acquire Asiana Airelines, the country’s second-largest flag carrier that is up for grab. A total of three consortia headed...
Price expected to approach $2 billion Four players stage fierce competition to gobble up Asiana Airlines, Korea’s second-largest flag carrier that is up for grab because of its deteriorating bottom lines over the past year. They are Aekyung Group, Hyundai Development...
Regulatory hurdles deter M&A deal of MBK Partners This year, there were two big acquisition deals in the country’s pay-TV industry. LG Uplus took over CJ HelloVision, and SK Telecom gobbled up T Broad. The two contracts now wait for...
Defense company strives to beef up competitiveness via M&A deal Hanwha Aerospace, a major affiliate of Hanwha Group, has funneled $300 million to gobble up EDAC Technologies, a U.S. aircraft engine component manufacturer. Hanwha Aerospace recently said that it signed the...
How-much-is-Nexon

How much is Nexon?

Korea's top gaming firm up for sale Korea’s largest gaming company Nexon is up for grab as its founder Kim Jung-ju strives to sell off a 98.64-percent stake in NXC, the holding company that has 48 percent of Nexon. Late last...
Bidding process of Korean gaming giant delayed twice in May As Nexon founder Kim Jung-ju put up for sale a controlling stake in Korea’s leading gaming company, the bidding process was supposed to take place on May 15. But the process...
Creditors to channel $1.4 billion Creditors of Asiana Airlines will funnel around $1.4 billion into the debt-ridden airline company to help it deal with liquidity problems and speed up its sale, the country’s chief economic policymaker said. The state-run Korea Development...
Does state oil company have too much market power? Few Koreans know much about Saudi Aramco, the oil company headquartered in Saudi Arabia, but the outfit continues to expand its footprint here silently. Early this week, Hyundai Heavy Industries Holdings said...
SK, Hanwha may purchase airline firm Which company will take over Asiana Airlines, which is now up for sale after its owner Kumho Asiana Group gave in to the conglomerate’s main creditor, the Korea Development Bank?  On the lips of observers...

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