Saturday 04 Feb 2012

All posts in M&A News

Eastar Jet to undergo paid-in capital increase prior to potential sale

According to our translation of this Money Today article, Eastar Jet is to proceed with a paid-in capital increase before a possible sale to Daemyung Group.

Prior to the sale of a controlling stake in Eastar Jet, they plan to issue 20-30 billion won …

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Hana and Kiwoom to bid for suspended savings banks

Maeil Business News has reported that South Korea’s Hana Financial Group and Kiwoom Securities are to bid to buy Jeil 2 Savings Bank and ACE Savings Bank, two

Samsung sells hard disk unit to Seagate

Maeil Business News has reported that Samsung Electronics has successfully completed the sale of its hard-disk drive (HDD) business to US-based hard disk supplier Seagate Technology on December

Dongbu Hannong to buy beverage maker Gaya

MK Business News has reported that Dongbu Hannong, a South Korean agricultural product supplier, has agreed to buy a 94.35 percent stake in Gaya, a premium beverage maker,

Samsung Everland to sell stake in Samsung Engineering

Maeil Business News has reported that Korea’s Samsung Everland plans to sell its entire 1.07 percent stake in sister firm Samsung Engineering for about 88 billion won ($76.12

KEXIM set to sell KEB stake to Hana

Reuters has reported that Korea's Export-Import Bank of Korea (KEXIM) is planning to sell a $414 mn, 6.25 percent stake in Korea Exchange Bank under the same terms

Aju may acquire Hanaro Savings Bank

UPDATE: According to Bloomberg, Aju Capital has acquired  Hanaro Savings Bank for roughly 80 billion won. More on the sale here from MK News. MK is reporting that Aju Capital has plans

KoFC may sell stake in Korea Aerospace Industries

On Thursday December 15, Reuters quoted an anonymous source claiming that the Korea Finance Corporation (KoFC) is considering selling part of its controlling stake in aviation equipment and parts manufacturer, Korea

Hanwha to join bidding for Tongyang Life

According to this article from MK, Hanwha Business Group has jumped in the race to acquire Tongyang Life Insurance. Hanwha Group will compete in the bid for Tongyang

KAMCO to choose advisers for Daewoo Ship sale

UPDATE: According to this piece from nasdaq.com, KAMCO has picked Morgan Stanley and Shinhan Investment Corp. to advise on the sale of its Daewoo Shipbuilding & Marine Engineering stake. South

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