South Korea
Lone Star Korea's former head Paul Yoo files court appeal
Paul Yoo, former head of Lone Star in Korea, has appealed to Korea’s Supreme Court over his conviction for manipulating the stock price of Korea Exchange Bank (KEB) in 2003, Dow Jones reported.
Lone Star found guilty of manipulating KEB's stocks
A Seoul court has found US buyout fund Lone Star guilty of manipulating the stock prices of Korea Exchange Bank (KEB) in 2003, and has ordered the fund to pay KRW25 billion ($21 million) in damages.
Mobeam gets venture capital from Asian, US funds
Mobile coupon and scanning technology developer Mobeam has closed a $4.9 million Series A venture round from Samsung Ventures, the investment arm of Korean tech giant Samsung, Mitsui, a Japanese corporate conglomerate, and US-based yet2Ventures.
Headland completes deals in Singapore, South Korea
Headland Capital Partners has taken a minority stake in Miclyn Express Offshore (MEO), which supplies vessels to the oil and gas industry, and backed existing portfolio company Unison eTech (UET) in the acquisition of another South Korean construction...
South Korea’s Hanwha backs US solar firm OneRoof Energy
South Korea’s Hanwha International has led a $50 million round of financing for residential solar company OneRoof Energy, which works directly with roofers to lease and install residential solar power systems.
Samsung C&T confirms talks with Apollo over Parallel Petroleum
Samsung C&T Corp. confirmed Thursday that it is in talks to buy US oil company Parallel Petroleum from Apollo Global Management. In a statement to the South Korean Stock Exchange, Samsung C&T noted that the parties have yet to reach a definitive agreement.