All posts tagged Korea M&A
Korea’s M&A-type inbound FDI up 183%
Korea’s M&A-type inbound foreign direct investment (FDI) was up 183%, year over year, according to Korea’s Ministry of Knowledge Economy’s inbound FDI figures for the first quarter of 2010.
Although the total FDI notifications stood at U$1,540m, which was down 8.2% …
Lone Star KEB Update: Teaser letters sent to potential buyers
Credit Suisse, the financial advisor on the sale of Lone Star's Korea Exchange Bank, has sent teaser letters to potential buyers, Edaily reported today. The news report cited an unspecified industry
Daewoo International Update: Bidders to begin due diligence
POSCO and Lotte, the potential buyers of Daewoo International, are about to start due diligence on the listed South Korean wholesaler, reported Money Today. The report, which cited industrial
Daewoo Electronics Update: Electrolux and Entekhab Industrial Group selected as preferred bidders
Woori Bank, the lead creditor of Daewoo Electronics, has chosen Electrolux and Entekhab Industrial Group as preferred bidders in the sale of the South Korean appliance maker. Electrolux is
Daewoo E&C Update: KDB lining up financial investors
Korea Development Bank (KDB) will likely line up investors in April, for its anticipated acquisition of Daewoo Engineering and Construction (Daewoo E&C), reported Yonhap News. The report cited an
Hynix Update: Strategic investor clause to be added
Hynix Semiconductor will seek to amend its corporate articles to allow a new share issuance to a strategic investor, reported Asia Economy. The report, which cited information released by
Daewoo Electronics Update: Four bidders submit proposals
Four bidders have submitted proposals in the formal bidding for Daewoo Electronics, reported Asia Economy. The report, which cited industry sources, stated that all four potential buyers who sent
Lotte Group to continue growth strategy through M&A
Korea's Lotte Group is planning a massive M&A spree reported the JoongAng Daily. Retail conglomerate Lotte Group is expected to snap up firms at a rapid clip in a bid
Lone Star KEB Update: Sale profits to be taxed
The Chosun Ilbo reports, that Korea's National Tax Service (NTS) plans to tax the profits from the sale of Korea Exchange Bank by U.S. private equity fund Lone Star. According
Daewoo International Update: Posco expected to increase offer due to expected strong bid from Lotte
South Korean steelmaker Posco is expected to increase its offer for Daewoo International, as Lotte has emerged as a strong runner in the sale, reported the Maeil Business. The
