Page 3 - Jun Ho Cha News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Heirless, baby boomer SME owners in search of buyers As baby boomer owners are retiring, their offspring opt to inherit cash instead of family business By An　automotive　parts　plating　plant　in　Incheon,　South　Korea The son of a South Korean manufacturing company's owner, with a Ph.D degree in engineering, has refused to take over his father's business and instead chose to work for an IT company. The daughter of another small Korean manufacturer's founding family is demanding cash instead of shares in her father’s company because she wants to continue her career as a...

GIC set to buy stake in Starbucks Korea for $700 mn The sovereign wealth fund may consider Starbucks Korea's IPO as an exit option By Singapore's sovereign wealth fund GIC Private Ltd. is set to sign an agreement next week to buy a 30% stake in Starbucks Korea from the coffeehouse chain's parent company for 800 billion won ($700 million), according to investment banking sources. As part of the upcoming deal, Seattle-based Starbucks Corp. is selling its remaining 20% stake in the South Korean joint venture to E-Mart Inc. which will eventually end up with a 70% stake in Starbucks Kor...

(Getty Images Bank) The Korean Teachers' Credit Union (KTCU) has netted a combined 173 billion won ($155 million) from its eight-year investment of A$100.8 mil

TVing's recently-released original drama series,

Concurrent deal closings by Kakao, Naver: Mere coincidence? Rivalry evolves into global expansion, new businesses Jun-ho Cha 8 HOURS AGO Kakao　Japan　runs　Piccoma,　a　leading　webtoon　platform Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) investment in the South Korean mobile giant's Japan unit, the private equity firm was suddenly given short notice: "Anyhow, get ready soon. We need to get the deal done by May 20." At the time, Anchor Equity had expected to reach an agreem...