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Lotte Shopping to Absorb Lotte Incheon Town for Improved Management Efficiency
Reporter Kim Jisun 2024.12.13
[Alpha Biz= Reporter Kim Jisun] On December 12, Lotte Shopping announced that it will absorb its subsidiary, Lotte Incheon Town, i ...

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VIG Partners Denies Rumors of Kakao Mobility Stake and Management Rights Acquisition
Reporter Kim Jisun 2024.12.13
[Alpha Biz= Reporter Kim Jisun] On December 12, VIG Partners, a domestic private equity fund (PEF) manager, refuted reports sugges ...

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Korean Air Completes Acquisition of Asiana Airlines, Becomes Subsidiary After 4 Years
Reporter Kim Jisun 2024.12.13
[Alpha Biz= Reporter Kim Jisun] Korean Air has officially acquired Asiana Airlines, nearly four years after announcing its decisio ...

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Samsung Electronics Files Lawsuit Against India's Competition Commission Over Alleged Illegal Acts
Reporter Kim Jisun 2024.12.13
[Alpha Biz= Reporter Kim Jisun] Samsung Electronics has filed a lawsuit against the Competition Commission of India (CCI) in the H ...

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Fire Breaks Out on Airplane Due to Portable Battery, Delays Flight
Reporter Kim Jisun 2024.12.13
[Alpha Biz= Reporter Kim Jisun] A fire suspected to have been caused by a portable battery occurred on a passenger plane just befo ...

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Hyundai Motor to Invest $548 Million in Chinese Joint Venture, Beijing Hyundai
Reporter Kim Jisun 2024.12.13
[Alpha Biz= Reporter Kim Jisun] Hyundai Motor is set to invest $548 million (approximately KRW 800 billion) into its Chinese joint ...

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Kumyang Secures First Overseas Supply Contract for 4695 Cylindrical Batteries
Reporter Kim Jisun 2024.12.13
[Alpha Biz= Reporter Kim Jisun] Kumyang has successfully secured its first overseas supply contract for 4695 cylindrical batteries ...

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FSN Seeks Corporate Value Reassessment Amid Market Decline, Claims Undervaluation of Subsidiaries
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] FSN announced on the 11th that the value of its major subsidiaries' equity is approximately 220 ...

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Osstem Implant to Merge with Subsidiary Topplan on January 1
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] Osstem Implant announced on the 11th that it will merge with its subsidiary, Topplan, which deve ...

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TV Home Shopping Has the Highest Sales Commission Rate at 27.3%: Fair Trade Commission's Survey on Distribution Industry Practices
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] The Fair Trade Commission's survey of six major distribution industries revealed that the effect ...

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HYBE, SM, YG, JYP, and Starship to Address Subcontracting Violations with 1 Billion KRW Cooperative Growth Fund
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] On December 11, the Fair Trade Commission (FTC) announced the initiation of a "consent decree" p ...

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Hyundai Glovis Receives AA+ Credit Rating from Korea Credit Rating Agency
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] Hyundai Glovis Achieves AA+ Credit Rating from Korea Credit Rating AgencyHyundai Glovis announce ...

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Amazon Starts Selling Hyundai Cars in the U.S.
Reporter Kim SangJin 2024.12.12
[Alpha Biz= Reporter Kim Sangjin] Amazon in the United States has started selling Hyundai cars, making it the first time Hyundai v ...

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Korea's Government Moves Forward with Sale of NXC Shares
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] The South Korean government has initiated the process of selling its stake in NXC, the holding com ...

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Lee Jung-jae's Artist United Denies Allegations of Improper Trading, Threatens Legal Action Over False Reporting
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Actor Lee Jung-jae’s company, Artist United (formerly Wider Planet), has once again denied allegat ...

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Coupang Play Denies Involvement in Seized Materials, Police Investigate Employee for Alleged Corporate Espionage
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Coupang Play has clarified that the ongoing police investigation into an employee accused of steal ...

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Korea Zinc Fined 65 Million KRW for Disclosure Violation After Withdrawing Capital Increase Plan
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Korea Zinc, currently engaged in a management dispute with the Youngpoong-MBK Partners alliance, h ...

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LS Cable Secures 907.3 Billion KRW Offshore Wind Project Contract in Germany
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] On December 11, LS Cable announced that it has signed a contract with TenneT Offshore, the German ...

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GC Biopharma Acquires U.S. Blood Centers for 138 Billion KRW to Secure Plasma Supply Chain
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] On December 11, Green Cross Holdings announced its acquisition of the entire 100 million shares of ...

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Korean Air Finalizes Asiana Airlines Acquisition After 4 Years, Creating Global Aviation Giant
Reporter Kim Jisun 2024.12.12
[Alpha Biz= Reporter Kim Jisun] Korean Air will finalize its acquisition of Asiana Airlines on December 12, marking the end of a 4 ...

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