Bain Capital Says No Increase Planned for EcoMarketing Tender Offer
Bain Capital confirmed it will not raise its 16,000 won per share tender offer for EcoMarketing, citing a 50% premium and no further buyouts regardless of delisting.
Taekwang Industrial and US private equity firm TPG have jointly submitted a preliminary bid to acquire K Shipbuilding, with the deal valued at around 500 billion won ($370 million), as part of Taekwang's broader business restructuring amid industry headwinds.
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Taekwang Industrial Joins Forces with US Private Equity Firm to Bid for K Shipbuilding
Taekwang Industrial and US private equity firm TPG have jointly submitted a preliminary bid to acquire K Shipbuilding, with the deal valued at around 500 billion won ($370 million), as part of Taekwang's broader business restructuring amid industry headwinds.
LS Cable & System has secured a three-year framework deal to supply busducts to a major US big tech firm's AI data centers, with total orders expected to exceed 500 billion won ($362 million), underscoring the company's growing presence in the global data center power infrastructure market.
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LS Cable & System to Supply Busducts to US Big Tech Data Centers—Over 500 Billion Won in Three Years
LS Cable & System has secured a three-year framework deal to supply busducts to a major US big tech firm's AI data centers, with total orders expected to exceed 500 billion won ($362 million), underscoring the company's growing presence in the global data center power infrastructure market.
KCGI Asset Management Launches Fourth Target Maturity Fund—Draws 500 Billion Won in 2024 Alone
KCGI Asset Management has launched its fourth target maturity fund, attracting 500 billion won ($375 million) in 2024 alone, as investors seek stable returns amid market volatility.
Korea Development Bank has issued 500 billion won ($370 million) in Korea-style green bonds, the largest among domestic banks, to fund eco-friendly projects such as wind power, in line with national green finance guidelines.
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Korea Development Bank Issues 500 Billion Won in Korea-Style Green Bonds—Largest Among Domestic Banks
Korea Development Bank has issued 500 billion won ($370 million) in Korea-style green bonds, the largest among domestic banks, to fund eco-friendly projects such as wind power, in line with national green finance guidelines.
HD Hyundai Heavy Industries Selected as Preferred Negotiator for Sohn Won-il-Class Submarine Upgrade Project
HD Hyundai Heavy Industries has been named preferred bidder for South Korea's Sohn Won-il-class submarine upgrade, a 500 billion won ($375 million) project to modernize naval combat systems.
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