Economy
M&A·IB
Aegis Asset Management: Why It Didn’t “Merge” with Hillhouse, but It’s Not a “Breakup” Either
Although the acquisition of Aegis Asset Management by global private equity fund (PEF) manager Hillhouse Investment has fallen through, analysts suggest that the possibility of cooperation between the…
Business·Industry
Micron Forms 'Future In-Vehicle Systems' Alliance with Ford and GM… Pressure on Samsung and SK
U.S.-based Micron has signed long-term supply agreements for automotive memory with U.S. automakers such as Ford and General Motors (GM), positioning itself to secure a leading position in the future …
Business·Industry
CHONGKUNDANG Establishes R&D Subsidiary ‘Neurateon’
Won Dong-han, the first CEO of NUON, delivers a speech at the company’s founding ceremony held on the 8th at the Hyojong Research Institute in the Dongbaek District of Yongin City. (Photo courtesy of …
Business·Industry
KYUNGDONGNAVIEN Sleep Mattress Tops the Charts for the 11th Consecutive Year… Kitchen Range Hoods Also Take First Place for the First Time
Kyungdong Navien ( KYUNGDONGNAVIEN(009450)), a leading domestic boiler manufacturer, announced on the 9th that it ranked first in the heated mattress category for the 11th consecutive year and took fi…
Business·Industry
LGELECTRONICS Launches AI-Equipped High-Capacity Commercial Laundry Appliances… Expands Global B2B Push
LGELECTRONICS is set to target the global business-to-business (B2B) market with its new line of high-capacity commercial laundry appliances featuring artificial intelligence (AI). Starting with Europ…
Business·Industry
Amicogen, Inc. Faces Controversy Over Transfer of Management Control to Newly Established Subsidiary via 10 Billion Won Capital Increase… “Explanation to Follow After Payment”
There is widespread speculation in the industry regarding Amicogen, Inc.(092040)’s plan to transfer management control to a newly established entity through a 10 billion won third-party private placem…
M&A·IB
[Market In] Global Capital Turns Its Attention to Europe… Opportunities Are Coming to Korea, Too
Global asset managers are turning their attention back to Europe. This shift is based on the assessment that valuations are lower compared to the U.S., and that deep-tech companies have greater room f…
Business·Industry
KEPCO Ranks 319th on Forbes’ List of This Year’s Top Companies… Jumps 428 Places in Three Years
A panoramic view of the KoreaElectricPower Corporation (KEPCO) headquarters in Naju. (Photo courtesy of KEPCO)
#KoreaElectricPower Corporation (KEPCO) announced on the 8th that it ranked 319th on …
Business·Industry
'Trading Suspended' EngiChem CO.,LTD: 'Clash' Over New Real Estate Business and Chief Executive Officer System
ENZYCHEM LIFESCIENCES CORPORATION(183490)is facing backlash from minority shareholders as it pushes for a board restructuring and amendments to its articles of incorporation while its shares remain su…
M&A·IB
"Parting Ways with Homeplus"... Shinhan West TND REIT Accelerates Search for New Tenant for Square One
With Homeplus’s corporate rehabilitation proceedings effectively concluded, Shinhan West TND REIT is accelerating its efforts to address vacancies at the “Square One” shopping complex in Incheon. Shin…