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Affinity Equity set to close $1.1 bn purchase of Lotte Rental
Affinity Equity aims to transform Lotte Rental and SK Rent-a-Car into mobility service providers Affinity Equity Partners said on Friday…
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Kyobo Life’s Shin in talks with Affinity, GIC over exit below purchase price
Kyobo Life headquarters in Seoul Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is in talks with some of…
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Lotte Chemical nears offloading Pakistani unit as part of restructuring
Lotte Chemical Pakistan Ltd.’s plant and employees (Courtesy of LCPL) Lotte Group, South Korea’s sixth-largest conglomerate, is speeding up its…
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How can I start understanding K-POP discourse?
Well a girl I talked to recently introduced me to kpop (i had an affinity from before bcs i mained…
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Korean law firms’ 2024 revenue soars on M&As, management disputes
(Courtesy of Getty Images) South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown…
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Shinsegae affiliate SSG.COM secures Olympus as new financial investor
in NewsSSG.COM, the e-commerce brand of Korea’s retail giant Shinsegae Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has…
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SK Nexilis poised to sell thin film division to Affirma Capital
in NewsSK Nexilis started commercial production of copper foils at its Malaysia plant in 2023 SK Nexilis Co., the world’s largest…
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CJ Logistics joins hands with Affinity for third-party logistics
CJ Logistics announced on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Affinity Equity Partners. Affinity…
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Jeong Cheol
Introduction to Jeong Cheol Jeong Cheol, a prominent figure in Korean history, emerged during the Joseon Dynasty, which lasted from…
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SK seeks sale of specialty gas unit for around $3 bn
Researcher at SK Specialty’s laboratory (File photo, courtesy of SK) SK Group, the second-largest conglomerate in South Korea, is considering…
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Acquisition loan rates dip to pre-pandemic levels in S.Korea
(Courtesy of Getty Images) Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level,…
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Lee Hwang
Introduction to Lee Hwang Lee Hwang (퇴溪 李滉), regarded as one of Korea’s foremost Confucian scholars of the 16th century,…
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UBS tops Korea’s M&A advisor list on Asiana, Affinity deals
(Courtesy of Getty Images Bank) UBS Group AG topped the South Korean mergers and acquisition (M&A) league table in the…
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SK Group, led by SK Hynix, to invest $77 billion in AI, chips
SK Group’s headquarters in Seoul SK Group, South Korea’s second-largest conglomerate after Samsung, is investing 106.4 trillion won ($77 billion)…
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Mom’s Touch adds two new restaurants in Mongolia
South Korean homegrown burger and chicken brand Mom’s Touch & Co. announced on Friday that it has recently opened its…
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Affinity to buy Korea’s No. 2 car leasing firm for $591 mn
A SK Rent-a-Car branch for leasing used cars (Courtesy of SK) Affinity Equity Partners will buy a 100% stake in…
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Affinity fails in Lock&Lock tender offer; eyes equity swap
Lock&Lock’s food storage containers (Courtesy of Lock&Lock) Hong Kong-based Affinity Equity Partners is planning for an equity swap between its…
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Shinsegae, CJ to tie up for product delivery, food launch
Shinsegae Group and CJ Group sign an MOU on business cooperation on June 5, 2024 Retail-focused Shinsegae Group will outsource…
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SK seeks to sell 13.3% stake in Chinese food firm Joyvio
SK and Joyvio Group celebrate a virtual MOU signing ceremony on Jul 26, 2021 (Courtesy of SK) SK Inc., the…
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Affinity extends tender offer for food container maker Lock&Lock
Lock&Lock’s food storage containers (Photo captured from Lock&Lock’s website) Hong Kong-based Affinity Equity Partners is set to extend its tender…
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Jang Bogo
Introduction to Jang Bogo Jang Bogo, a prominent historical figure from the Silla Dynasty, played a pivotal role in shaping…