Saturday 04 Feb 2012

All posts in M&A News

Entekhab rumored to be facing financing problems in acquisition of Daewoo Electronics

Electrolux, the Swedish white goods manufacturer, may well succeed in acquiring South Korea’s Daewoo Electronics afterall, according to an article in Dagens Nyheter.
The Swedish daily reported, citing Swedish newswire Direkt which in turn cited a comment from Citigroup yesterday, that current …

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Orix acquires subsidiary of Pureun Mutual Savings Bank

Orix Corporation, the Japanese headquartered financial services group, announced that it has concluded a share transfer agreement with Pureun Mutual Savings Bank, for the purchase of its Seoul-based

Korean Institute of Toxicology sale announced

A sale announcement for Korean Institute of Toxicology (KIT), the South Korean state-run pre-clinical trials testing agency, was posted by the state-controlled Korea Research Institute of

Net1 buys KSNET for USD 233m

Net 1 UEPS Technologies, Inc. today announced that it has agreed to acquire 98.73% of KSNET, Inc., a leading Republic of Korea payment processor, for a purchase

Haansoft’s preferred bidder agrees on price

The preferred bidder in the sale of a 28% stake in Haansoft has agreed on the KRW 75bn (USD 64.5m) price tag for the listed South Korean

Korean government starts sell-side due diligence on Woori Finance

The South Korean government started sell-side due diligence for Woori Finance on 13 September, reported Money Today. The report cited financial sector sources as saying that the

Haansoft agrees to sell stake in Celrun SN

Haansoft, a listed South Korean software developer, has agreed to sell its stake in Celrun SN to SQ Holdings, a South Korean fund management firm, reported

Entekhab Industrial submits final proposal for Daewoo Electronics

Entekhab Industrial, a Iran-based appliance maker, has submitted its final proposal to acquire Daewoo Electronics, an unlisted South Korean peer, reported Money Today. The report,

Preliminary bidding for Hyundai E&C to open in October

Korea Finance Corporation, a creditor of Hyundai Engineering & Construction (E&C), is expecting preliminary bids in the sale of the listed Korean construction company to be

Orix in talks to buy subsidiary of Pureun Mutual Savings Bank

Pureun Mutual Savings Bank, an unlisted South Korean bank, confirmed that it is in talks with Orix to sell its subsidiary, Pureun Second Savings Bank, the Yonhap News

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