US-based global private equity firm Blackstone Inc. has acquired Juno Hair, South Korea’s largest premium hair salon chain, in a deal that values Juno Hair Group at 800 billion won ($590 million).

LG Energy Solution Ltd., one of the world’s top battery makers, has won an order to supply electric vehicle batteries to German automotive giant Mercedes-Benz in a deal estimated at 15 trillion won ...

Mirae Asset Global Investments Co. has invested around 150 billion won ($110 million) in Perplexity AI Inc., an AI-driven search engine developer, at a valuation of $20 billion, according to people ...

South Korea will significantly tighten investment rules for single-stock leveraged exchange-traded funds (ETFs), requiring retail investors to hold 30 million won ($20,283) in cash before making new ...

South Korea has won its bid to annul a $108 million investor-state award that was originally in favor of US hedge fund Elliott Investment Management. Anton Ware, partner at Arnold & Porter South ...

Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading producer of specialty gases used in semiconductor and advanced display ...

Krafton Inc., a major South Korean game publisher, has acquired Japan's leading advertising and animation group ADK for 75 billion yen ($517 million), as it accelerates its push to become a ...

NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700 billion won ($480 million) to capitalize on the recent ...

MEMPHIS, Tenn.-- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual transformer output in the US to over 250 units in two ...

Lee Sang-hyeok, globally known as Faker, has made history by becoming the first esports athlete to receive South Korea’s highest sporting decoration, the Cheongryong (Blue Dragon) Medal of Sports. Lee ...

TA Associates Management is seeking to exit milk tea franchise Gong Cha as South Korea’s dessert drink market becomes increasingly crowded with new entrants and low-cost coffee chains. (Courtesy of ...

IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc., a Korean beauty unicorn raising capital to ...