Saturday 04 Feb 2012

All posts tagged Korea M&A

Daewoo International Update: Bid deadline today; POSCO likely to be only bidder

Posco will likely become the sole bidder for Daewoo International, as no other companies have expressed serious interest ahead of today’s deadline for making an offer.
The article Posco may be only suitor for large Daewoo stake in today’s JoongAng Daily …

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Inverness Medical Innovations seeks to acquire additional shares of Standard Diagnostics

Inverness Medical Innovations announced that it will provide a subsequent offering period for additional shares of Standard Diagnostics (SD). Inverness earlier announced a tender offer for up to 75.79%

Daewoo E&C Update: TR America to “show them the money”

TR America Consortium will submit a deposit for acquisition talks over Daewoo Engineering and Construction (Daewoo E&C), reported Money Today. The report cited Chairman of the consortium, Moon

Daewoo E&C Update: STX Group not to bid

South Korea's STX Group said Monday that it will not bid for a stake in Daewoo Engineering & Construction, according to a report from Yonhap News. Covering a regulatory

Hynix Update: Creditors to discuss block sale after new CEO appointed

Creditors of Hynix Semiconductor, the world’s second-largest maker of computer memory chips, will discuss from early next month about unloading stakes in a block sale, according to a

Woori Finance Privatization Update: Share buyback, M&A scenarios raised

Korea Deposit Insurance (KDIC) assessing share buyback, whilst the idea of forming a 'megabank' through a merger with KB and/or Hana financial groups is raised. The Seoul Economic Daily

Daewoo E&C Update: KDB plans to start acquisition financing next month; STX confirms interest

Korea Development Bank (KDB) is planning to start full negotiations and acquisition financing efforts to buy Daewoo Engineering and Construction during the course of next month, reported the

Lotte seeking to raise KRW 100bn in financing acquisition for Buy The Way

Lotte group is seeking to raise KRW 100bn (USD 87m) to finance its acquisition of Buy The Way, the unlisted South Korean convenience store chain, reported Money Today. The

Daewoo E&C Update: KDB not likely to accept TR Consortium’s revised offer

Korea Development Bank (KDB) is likely not to accept the revised offer from TR Consortium to acquire South Korean Daewoo Engineering and Construction (E&C), reported the Maeil Business. The

Lone Star KEB Update: Sale planned within 6 months

Quoting a Financial Times article, Korean news source Edaily reported that Lone Star is still planning to sell its majority stake in Korea Exchange Bank within six months. At

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