All posts tagged Daewoo International
KAMCO Begins Procedures in Kyobo Ins. Sale
According to a recent report from Money Today’s the bell, KAMCO has begun procedures to dispose of its stake in Kyobo Life Insurance. Please see our translation for the details.
Korea Asset Management Corporation (KAMCO) began the valuation process for Kyobo …
POSCO to try entering shipping industry with Daewoo Logistics
Maeil Business News has reported that the nation’s no. 1 steelmaker POSCO is attempting to enter the shipping industry by acquiring Daewoo Logistics, a small shipping company that
Daewoo Intl. plans to sell Kyobo Insurance
Daewoo International, now part of POSCO Group, is planning to sell its 24 percent stake in Kyobo Life Insurance which is valued at about 1 tn won ($931
Irae CS selected as preferred bidder for Korea Delphi
Irae CS consortium, consisting of Irae CS and Daewoo International, was selected as the preferred bidder for the 42.3 percent stake of Korea Delphi. Irae has bid 195.5
Five candidates to participate in auction of Korea Delphi
Five parties, three SIs and two FIs, were selected to compete for a 50 percent stake in Korea Delphi. Out of the seven interested buyers, the sellers chose
POSCO’s acquisition of Daewoo International receives approval from antitrust watchdog
The Korea Fair Trade Commission has approved POSCO's acquisition of a 68.15% stake in Daewoo International, reported Money Today. The report credited the information to the regulator. As reported, Korean
POSCO acquires Daewoo International for U$2.8 billion
POSCO, the South Korean steelmaker, announced today, August 30, it signed a deal with Korea Asset Management Corp. (KAMCO) to acquire Daewoo International for KRW 3.37 trillion ($2.8
POSCO to close Daewoo International deal
POSCO, the preferred bidder in the sale of Daewoo International, will likely sign on a final contract on 30 August, reported Money Today. The report cited several sources close
PEFs interested in Kyobo Life stake
Private equity funds Carlyle and Affinity, along with some Hong Kong-based investors, are in talks to acquire 24% stake in Kyobo Life, an unlisted South Korean insurer, reported
POSCO to finish due diligence on Daewoo
POSCO is likely to finish its due diligence on Daewoo International this week, Asia Economy reported yesterday. The report cited a Daewoo insider, who said the inspection team from
