Joyce Lee
Stories by Joyce Lee
S Korea’s budget carrier Jeju Air to acquire stake in rival Eastar Jet for $45m
The acquisition is the latest case of restructuring in South Korea's aviation industry.
Delta hikes stake in Korean Air parent Hanjin to 11%
Delta and Korean Air have a partnership on routes and networks.
SoftBank-backed Korean ride-hailer Tada fights for survival amid crackdown
South Korea restricts ride-hailing to only licensed taxis and bans the use of private cars for the purpose.
Hyundai Development group closes $2.2b deal to buy Asiana Airlines
The airline’s top shareholder, Kumho Industrial Co Ltd, put its 31.05% stake up for sale earlier this year.
S Korea’s Jeju Air to acquire 51% stake in Eastar Jet for $59m
The deal shows consolidation is underway in South Korea's crowded budget carrier space.
Macquarie arm said to near deal for South Korea’s Daesung Industrial Gases
The seller is private equity firm MBK Partners.
South Korea’s SK Telecom, Macquarie buy ADT Caps from Carlyle for $1.2b
SK Telecom and Macquarie valued ADT Caps’ business at about 2.97 trillion won ($2.8 billion), including the 1.28 trillion won plus about 1.7 trillio
S.Korean hypermarket chain Homeplus said to mull REIT listing
The REIT being considered could acquire around 40 Homeplus hypermarkets in South Korea.
S.Korean budget carrier Air Busan picks advisers for 2018 IPO
The company has chosen Mirae Asset Daewoo and NH Investment & Securities to advise its planned IPO.
South Korea’s LG buys Austrian auto light maker ZKW for $1.3b
With the deal, the companies are seeking to target the global lighting sector in autonomous vehicle components, LG Electronics said.