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Tuesday, October 19, 2021
Online retailer is expected to find new owner It seems that eBay Korea has prepared for a sell-off as the U.S.-based online retailer is reportedly set to sell its Korean subsidiary in the not-so-distant future. A source familiar with the issue...
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...
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...
Still, honesty is the best policy From last year, the sale of Oriental Brewery (OB) has been on the lips of observers and journalists. Of note is how OB and owner AB InBev have dealt with the reports. The Korea...
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...
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...
Line in merger talks with Yahoo Japan Two major high-tech corporations of Korea and Japan are poised to join hands so as to challenge such global players as Amazon in the United States and China’s Tencent. Line, the biggest instant messaging...
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...
A global consortium headed by a Korean investment bank was selected as the preferred bidder for ownership of the Tour Majunga, the fourth-tallest building in France, after offering around $1 billion. Mirae Asset Daewoo leads the consortium, which includes Amundi...
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...

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