Activist fund manager Align Partners noted on the 28th that it holds a 6.64% equity stake in private equity firm STIC Investments. According to the Financial Supervisory Service's electronic disclosure system on that day, Align Partners has reported that its ownership of 2,769,478 shares of STIC I...
Global private equity fund manager EQT Partners announced on the 28th that it closed the fundraising for its representative fund, 'EQT Infrastructure Fund VI,' totaling €21.5 billion (approximately 33.9 trillion won). Fund VI raised 35% more than Fund V, which was established in 2021 with €15.7 bill...
This article was featured on the ChosunBiz MoneyMove site on March 28, 2025, at 9:19 a.m. Pine Tree Investment & Management has begun the sale of the global Scotch whiskey brand “Windsor.” It has only been about two years since acquiring 100% of Windsor Global’s equity from Diageo Atlantic B.V. ...
STAR SM REIT recently suspended trading due to embezzlement by employees, but announced that it has recovered 1.08 billion won of the embezzled amount. On the 28th, a STAR SM REIT official noted, "During the company's internal audit, it was confirmed that 1.08 billion won was repaid, and the schedul...
This article was published on March 26, 2025, at 3:58 p.m. on the ChosunBiz MoneyMove site. LG H&H is reportedly weighing the possibility of selling its U.S. subsidiary, The Avon Company. In the past, LG H&H implemented an active mergers and acquisitions (M&A) strategy under Vice Chairman Cha Suk-yo...
MERITZ Securities, a subsidiary of Meriz Financial Group, will issue 300 billion won in the corporate bond market on the 27th after completing a pre-demand survey for institutional investors. According to the investment banking (IB) industry on the 26th, MERITZ Securities completed a demand survey w...
This article was published on March 25, 2025, at 5:39 p.m. on the ChosunBiz MoneyMove site. Corsair Capital, a private equity firm that has held a stake in Kyobo Life Insurance since 2007, has opted for a collateral loan rather than selling its equity. This decision is interpreted as Kyobo Life Insu...
This article was posted on the ChosunBiz MoneyMove site at 3:39 p.m. on March 24, 2025. Some of the senior creditors of the secondary battery corporation Kumyang, which received a notification of "opinion denial" regarding the audit report from last year, have been revealed to be personal companies ...
This article was published on March 21, 2025, at 2:25 p.m. on the ChosunBiz MoneyMove website. A recent securities report indicated that the corporate value of Boston Dynamics, a robotics subsidiary acquired by Hyundai Motor Group, reaches up to 30 trillion won. If Boston Dynamics were to go public ...
On the 20th, the KOSPI index closed higher for the fourth consecutive trading day. Samsung Electronics surpassed the 60,000 won mark for the first time in over five months since October of last year, but the index's gain was limited to 0.3%. The KOSDAQ index, which started off strong, turned negativ...
