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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...

  • North Asia
  • 25 May 2011
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.

  • North Asia
  • 23 May 2011
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.

  • Exits
  • 10 January 2011
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...

  • Restructuring
  • 19 August 2010
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.

  • North Asia
  • 28 April 2010
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...

  • North Asia
  • 18 February 2010
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.

  • Buyouts
  • 27 January 2010
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