Saturday 19 May 2012

All posts in M&A News

Neosemitech sale fails to find buyer

The ongoing sale of Neosemitech, a privately held South Korean solar cell material making company, has failed to find a buyer, reported Maeil Business. The report cited industry sources as saying the seller had received no bids by the set …

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Korea Institute of Toxicology sale canceled

An attempt to sell the Korea Institute of Toxicology (KIT), a South Korean state-run pre-clinical trials testing agency, has been canceled, reported the Daejon Ilbo. The report cited information released

Hyundai E&C creditors seek further documents from Hyundai Group

The creditors of Hyundai Engineering & Construction (Hyundai E&C) have likely considered the certificate submitted by Hyundai Group to prove the nature of its loan from

Hana Financial signs agreement to acquire Korea Exchange Bank

South Korean Hana Financial Group announced November 25 that it has signed a stock purchase agreement with Lone Star to buy the latter's 51.02% stake in Korea

Hyundai Group’s bid for Hyundai E&C to be verified

Hyundai Engineering & Construction (E&C) creditors are likely to delay signing an MoU with Hyundai Group, the preferred bidder for their 34.88% stake, regarding the potential

M&M signs agreement to acquire Ssangyong Motor stake

Ssangyong Motor Company Limited (SYMC) and India's Mahindra & Mahindra Ltd. (M&M) its preferred bidder, today announced the signing of a definitive agreement in Seoul. According to a stock exchange

Woori Finance sale draws widespread interest

The ongoing sale of South Korean government's stake in Woori Finance has drawn interest from several overseas financial banks, reported the Seoul Economic Daily. The report cited an

Hana Financial prefers KEB over Woori Finance

Hana Financial, the listed South Korean financial holding company, is more likely to buy a stake in Korea Exchange Bank (KEB) than to bid for a stake in Woori

Olympus Korea and Philips did not submit bids for Medison

Olympus Korea and Philips, the reported potential buyers of Medison, did not make bids for the company, reported the Money Today. Medison is the unlisted South Korean medical equipment maker, in

Young An Hat to acquire stake in Daewoo Motor Sales car sales division

Young An Hat, a privately-held South Korean hat maker, will acquire half of Daewoo Motor Sales' car sales division, reported Newsis. The report cited a lead creditor, Korea Development

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