Saturday 04 Feb 2012

All posts in M&A News

Berkshire Hathaway’s Life General enters race for Tongyang

According to Reuters, Berkshire Hathaway unit, Life General Re is interested in buying Tong Yang Life Insurance. This is  the latest in the unfolding story of Vogo Funds sale of its 60.7 percent stake in the Korean insurer, worth about …

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KDB Financial inks deal to takeover HSBC units

According to Yonhap News Agency, Korea's state-run KDB Financial Group has signed a preliminary agreement with British bank HSBC Holdings Plc on the takeover of the latter's ten

Vogo Fund sells Novita to Kohler

E Daily News recently published this article discussing Vogo Fund's recent sale of its stake in Novita to Kohler. Please see our translation below for the details. Local Private Equity

Kumho Petrochemical pushed to separate from Kumho Asiana

Yonhap News is reporting that Korea Development Bank, Kumho Petrochemical's main creditor has demanded that the company sell its stake in Asiana Airlines. Since a 2009 feud, Kumho Petrochemical

IBK Securities to acquire Kumho Industrial transport units

According to this Korea Herald report, IBK Securities’ private equity arm is to acquire 1 trillion won of Kumho Industrial's subsidiary companies. On Friday December 23, IBK Securities was announced as

Hanjin Shipping sells stake in affiliated real estate firm

Yonhap News Agency has reported that Korea's leading shipper, Hanjin Shipping Co., has sold a stake in an affiliate of Hanjin Group, raising speculation that the company is

Daum to buy local game developer OnNet

According to Maeil Business News, Korea’s Daum Communications will acquire a nearly 83 percent stake in OnNet Co., an online game development and publishing company. The value of

KEPCO unit to invest in Thai energy generator

Local news media Yonhap News Agency has reported that Korea Midland Power Co., a unit of the state-run Korea Electric Power Corp. (KEPCO), is to participate in a

Hana Financial named preferred bidder for suspended savings banks

Yonhap News Agency has reported that the Korea Deposit Insurance Corp. has selected Hana Financial Group Inc. as the prime bidder for the package sale of two local

Samsung Electronics may soon merge with Samsung LED

UPDATE:  Yonhap News has reported that on December 26, during meetings of their respective boards, it was decided that Samsung Electro-Mechanics will sell 50 percent of its stake in

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