Woori Bank related stories
All articles and analysis
Woori Bank targets 10 PE fundsThe Korean bank seeks technology-related investment opportunities with $100 million.
- Vogo invests W194bn in credit card issuer
The Korean buyout firm has acquired a 30.7% stake in BC Card and is looking to acquire a controlling stake in the company by the end of the year.
- 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.
- Macquarie, Woori back $1bn South Korea fund
The global infrastructure specialist and the South Korean bank will account for half of the fund's capital, which will be used to invest in South Korea’s infrastructure and renewable energy sectors.
- Report: Ripplewood-Daewoo Electronics deal falls apart
Daewoo's creditors have opted to restructure the company rather than sell it. It marks the third failed attempt to sell the embattled electronics maker to a private equity group since Ripplewood first tried to buy the company in 2006. A deal with Morgan Stanley's Asian private equity arm fell apart last year.
- Ripplewood gets green light on Daewoo deal
Daewoo Electronics’s creditors, who control the company, chose the New York-based private equity firm as the winning bidder. Ripplewood’s bid marks the third time Daewoo’s creditors have initiated a sale.
- Report: Ripplewood again bids for Daewoo Electronics
The US firm has reportedly made its second bid in two years for the electronics maker, two months after Morgan Stanley's deal for the home appliance maker fell apart.
- Morgan Stanley pulls out of Daewoo deal
Morgan Stanley Private Equity Asia has pulled out of its proposed acquisition of the Korean electronics manufacturer, reportedly over disputes with an electronics labour union. Ripplewood had previously agreed to pay $740m for Daewoo, but the deal also fell through.
- Morgan chosen as top Daewoo bidder
Nearly a year after Ripplewood’s $740 million deal for Daewoo fell apart, Morgan Stanley appears headed toward an agreement to buy the Korean electronics company.
- Ripplewood and Videocon to acquire Daewoo Electronics
Ripplewood Holdings, a US private equity firm, and Videoncon Industries, an Indian strategic partner, have won the race to acquire Korea’s Daewoo Electronics in a transaction worth a reported $700 million.