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KDIC resumes M&A process of MG Non-Life Insurance

The Korea Deposit Insurance Corporation (KDIC) has officially kicked off the M&A bidding process for MG Non-Life Insurance this week. Samjeong KPMG, the lead sale manager of the deal, plans to receive Letter of Intent (LOI) submissions by potential buyers by Oct. 5 in order to select preliminary bidders.
South Korea Soult Ukpyolsi Kyonggi Do Korea Deposit Insurance Corporation Financial Services Commission Us Federal Deposit Insurance Corporation

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Bullish on India: IPOs become attractive exit option again as tech stocks soar

The recent bull run is significant because it follows a long bearish period when public shareholders questioned the profitability of these companies. The improved financial performance of tech companies is now forcing other new entrants to focus on better financials before approaching the market.
Navneet Govil Ghazal Alagh Sameer Nigam Softbank Rajeev Misra Varun Gupta Ankit Nagori

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