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As the company behind K-pop royalty BTS seeks to build a big stake in a prominent rival for close to $900 million, a vocal activist fund is playing a leading role in the target's all-out efforts to
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Lee Chang-hwan, the CEO of activist fund Align Partners, has recently been a vocal figure in various media outlets, calling on businesses to improve corporate governance and enhance their shareholder return policies. One of the key activist campaigns that he is focusing on aims to get Korea's major financial groups to improve shareholder returns. As a minor shareholder of Shinhan, KB, Hana, Woori and BNK financial groups and the second largest shareholder of JB Financial Group, Lee sent letters to seven banks listed on the Korean stock market, urging them to announce capital allocation framewo...
The majority of SM Entertainment employees oppose HYBE's attempt to acquire a majority stake in the company, according to industry officials, Tuesday. HYBE, the entertainment agenc...
Lee Soo Man is reportedly taking legal action against SM Entertainment for illegal practices. Certain claims and plans have been disclosed, earning netizens' attention. Here's what happened. #LeeSooMan #SMEntertainment #SM
With regard to Woori Financial Group's plan to acquire Daol Investment, the country's top-notch venture capital firm, Align Partners, which holds about 1 percent of the financial group's shares, has voiced its opposition to the deal. After the venture capital firm was put up on the M&A market late last year, Woori Financial declared its intent to acquire the company to the firm managing the sale.