Korea Development Bank
Korean PE buys global golf brand Acushnet
KOREAN SPORTSWEAR MAKER FILA HAS teamed with Seoul-based Mirae Asset Private Equity and two of the market’s top investment institutions to acquire golf equipment and apparel business Acushnet Company from NYSE-listed Fortune Brands for more than $1.2...
Fila teams with private equity in leading golf brand buyout
Seoul-based Mirae Asset Private Equity has teamed with Korean sportswear maker Fila to acquire golf business Acushnet Company from NYSE-listed Fortune Brands for more than $1.2 billion.
Korean Development Bank to exit Korea Express
The Korea Development Bank (KDB) is reportedly set to fully sell Korean logistics major Korea Express by the middle of the year.
Korea's KDB buying Daewoo Engineering without fund platform
South Korean government-owned policy bank Korea Development Bank (KDB) will directly acquire Daewoo Engineering and Construction, previously controlled by the Kumho Asiana Group, which is currently struggling under substantial debts, rather than establishing...
KDB Consus takes Kumho Life for $435 million
A fund backed by the Korea Development Bank, KDB Consus, has taken a 65.5% stake in Kumho Life Insurance, a division of Korea's struggling Kumho Asiana Group, for $435 million.
New bids for Daewoo Engineering
According to Korean reports, the Korea Development Bank and other potential acquirers, including local conglomerate STX Group and a so-called TR America Consortium, are jockeying for position in a fresh round of bids for moribund Korean construction asset...
KDB eyes Siam City Bank
Korea Development Bank (KDB), South Korea's state-owned bank and private equity investor, has emerged as one of the potential bidders for Siam City Bank, the seventh largest bank in Thailand, which is 47.6% owned by the Thai government.