Saturday 04 Feb 2012

All posts in M&A News

KDB acquires RBS unit in Uzbekistan

Maeil Business News has reported that South Korea’s state-run Korea Development Bank (KDB) has successfully acquired the Uzbekistan unit of the Royal Bank of Scotland Group (RBS Uz). KDB and RBS had signed a share sale agreement in December 2010 …

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Affinity and Carlyle emerge as potential buyers of Kyobo Life stake

Global PE firms Affinity and Carlyle have already made contact with Daewoo International’s M&A team, which is responsible for the sale of the 24 percent stake in Kyobo

iriver returns to the M&A market after 5 years

Electronics manufacturer iriver has returned to the M&A market 5 years after it was sold to Vogo fund. Teaser letters for the Iriver sale have appeared already. Vogo is

LG Chem and Sud-Chemie to create cathode materials JV

Maeil is reporting that LG Chemical has signed an MOU to create a joint venture with German chemical company Sud-Chemie. Under the agreement, the two companies will build

Korean fund buys gas assets from Apache

MarketWatch has reported that a private equity fund led by South Korea's government-owned Korea Development Bank (KDB), and including the country's top oil refiner SK Energy Co., has

KT and Telekom discuss potential JV

According to Engineering News on December 12, Korea's KT and South African telecommunications group Telkom have signed a memorandum of understanding to further consider a potential strategic venture. According

Prudential said to be eyeing Tong Yang Life Insurance

Reuters reported on December 8 that American life insurance company, Prudential Financial Inc. is interested in purchasing Tong Yang Life Insurance. South Korean PE fund, Vogo Fund is Tong

Interpark, Woori PE to acquire IMK, Samsung guarantees 10 tn won in sales

E Daily reported on the 8th that Interpark and Woori PE have completed an agreement to acquire iMarket Korea from Samsung Group. See the translation below for the

Is Hyundai behind Ubivelox’s Thinkware Acquisition?

According to this article in the Hankyung, Ubivelox, a smart car and smart mobile  technology provider has acquired Thinkware, Korea's largest GPS navigation unit manufacturer. Ubivelox paid 27 billion won to

Charm Engineering reduces stake in Chorus Manufacturing

The Joongang Ilbo reports that, On December 6, Charm Engineering announced that in a bid to improve its management efficiency, it disposed of more than 1.79 million shares of

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