Aekyung Industrial Co. has lowered the sale price of its shares to Taekwang Group to 447.5 billion won ($336 million), delaying the deal’s closing amid fallout from a banned substance found in its 2080 toothpaste products.
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[2026 M&A Outlook] 'Transformation for Survival' – Industry Pivoting Becomes Mainstream Amid Sectoral Shifts
South Korea’s 2026 M&A market is set to be defined by “pivoting” strategies, as companies pursue cross-sector deals to secure new growth engines amid industry disruption and regulatory pressures.
The Korea Fair Trade Commission is reviewing whether to sanction Taekwang Group for allegedly providing unfair business advantages to companies owned by the owner family, with a decision pending after the group's response.
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Korea Fair Trade Commission Reviews Alleged 'Unfair Internal Transactions' by Taekwang Group Owner Family (Comprehensive)
The Korea Fair Trade Commission is reviewing whether to sanction Taekwang Group for allegedly providing unfair business advantages to companies owned by the owner family, with a decision pending after the group's response.
South Korea's Fair Trade Commission is considering sanctions against Taekwang Group over allegations of unfair internal transactions benefiting the owner family, with fines under review following claims of improper support to affiliates owned by relatives of former Chairman Lee Ho-jin.
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Korea Fair Trade Commission Reviews Alleged Unfair Business Favoritism by Taekwang Group Owner Family
South Korea's Fair Trade Commission is considering sanctions against Taekwang Group over allegations of unfair internal transactions benefiting the owner family, with fines under review following claims of improper support to affiliates owned by relatives of former Chairman Lee Ho-jin.
Kim Dae-hyun Appointed as CEO of Heungkuk Fire & Marine Insurance, Kim Hyung-pyo Named CEO of Heungkuk Life—Focus on Strengthening Competitiveness
Taekwang Group has appointed new CEOs at Heungkuk Fire & Marine Insurance and Heungkuk Life Insurance, aiming to strengthen competitiveness amid intensifying industry challenges.
Taekwang Group to Sign Definitive Agreement to Acquire Aekyung Industrial for 470 Billion Won
Taekwang Group will acquire a 63% stake in Aekyung Industrial for 470 billion won ($345 million), marking a major move into South Korea’s K-beauty sector.
South Korea's Fair Trade Commission reports that major conglomerates like Taekwang and KG have voluntarily resolved circular and cross shareholdings, while affiliate shareholding ratios rose to 55.9% amid large M&A activity; internal ownership structures continue to evolve as regulatory scrutiny increases.
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KFTC Discloses Corporate Group Shareholding Status—'Some Groups Resolve Circular and Cross Shareholdings'
South Korea's Fair Trade Commission reports that major conglomerates like Taekwang and KG have voluntarily resolved circular and cross shareholdings, while affiliate shareholding ratios rose to 55.9% amid large M&A activity; internal ownership structures continue to evolve as regulatory scrutiny increases.
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