Korea Development Bank related stories
All articles and analysis
MBK test drives Korean car rental companyThe North Asia-focused private equity firm is part of the preferred bidding consortium for Kumho Rent-A-Car, a deal expected to be worth $260m.
- Sovereign funds form investment alliance
Korea Investment Corporation has signed memorandums of understanding with Australia’s QIC and Malaysia’s Khazanah Nasional to jointly explore investment opportunities.
- ADIC rebrands as Invest AD
The name change is part of the Middle East investment firm’s strategy to attract international and local investors to invest in the region.
- Abu Dhabi, Korea partner on private equity initiative
ADIC, Korea Development Bank and the Korea Trade Promotion Agency aim to boost the private equity, real estate, and infrastructure investment flow between the MENA region and South Korea.
- KDB turnaround fund makes maiden investment
A turnaround fund launched by Korea Development Bank earlier in the year has acquired sewing machine maker Sunstar Precision for W40bn.
- KKR strikes partnership with KDB
The global buyout firm’s partnership with the Korean Development Bank comes on the heels of KKR’s $1.8bn acquisition of South Korean brewery Oriental Brewery.
- Report: Korea Development Bank to launch restructuring fund
The Korea Development Bank is reportedly close to setting up a W1trn corporate restructuring fund for ailing Korean companies. The bank is expected to enlist the help of private equity funds to raise capital.
- Shinhan beats private equity to buy LG Card
Shinhan Financial Group of Korea has narrowly beaten Hana Bank and MBK Partners to a $7 billion acquisition of Korea’s LG Card Co.
- Korea’s KTAC closes two venture funds in one week
Kibo Technology Advancing Capital, a Korean venture capital firm funded mostly by the Korean government agencies, has raised $36 million for two funds this week.
- Morgan Stanley acquires 75% stake in Ssangyong
Morgan Stanley Private Equity Asia is pushing ahead with an investment in Korea at a time when a number of heavyweight US GPs are under scrutiny from the Korean authorities.