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After yearslong legal battle, Hahn & Co. secures control over Namyang Dairy

Hahn & Co., the nation's largest private equity firm based on assets under management, secured control over Namyang Dairy Product on Thursday, following years of legal disputes. The Supreme Court sided with Hahn & Co., ordering Namyang Dairy Product Chairman Hong Won-sik and his family members to hand over their 53.08 percent stake in the company to the private equity firm. With the court decision, the e...

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Parasite actor, chaebol scion under police scrutiny for suspected drug abuse in South Korea

SEOUL – Lee Sun-kyun, known for his role in the Oscar-winning movie Parasite, will be summoned for questioning some time this week at the earliest, according to reports on Sunday citing police, as part of an expanding investigation into suspected drug abuse involving the actor and others, including chaebol offspring. Read more at straitstimes.com.

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Appellate court shortens prison term to 1 1/2 years for scion of Namyang Dairy founder over drug use

A Seoul appeals court on Wednesday sentenced the grandson of the founder of Namyang Dairy Products to 18 months in prison for selling and smoking marijuana.

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Namyang Dairy ordered to surrender its stake to Hahn & Company

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Namyang founder ordered to hand over shares to Hahn & Company

A court has ordered Namyang Dairy founder and his family members to hand over their controlling stake in the dairy company to local private equity firm (PEF) Hahn & Company as they agreed last year. The Seoul Central District Court ruled against Namyang Chairman Hong Won-sik and his family, Thursday, saying they should honor their stock purchase agreement (SPA) with the PEF, dismissing all their claims.

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Namyang Dairy chairman banned from voting at shareholders meeting after court rules in favor of Hahn & Co

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Seoul , Soult-ukpyolsi , South-korea , Namyang , Cholla-namdo , Korea , Hahn-co , Hanh-co , Seoul-central-district-court , Namyang-dairy-product , Hong-won-sik

[Reporter's Notebook] Hong's greed behind Namyang's acquisition deal

[Reporter's Notebook] Hong's greed behind Namyang's acquisition deal
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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Namyang lambaste for takeover delay; Hahn & Co. may sue the company for postponing acquisition deal

Namyang lambaste for takeover delay; Hahn & Co. may sue the company for postponing acquisition deal
econotimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econotimes.com Daily Mail and Mail on Sunday newspapers.

Namyang , Cholla-namdo , South-korea , Korea , Hahn-co , Hahn-company , Namyang-dairy-products , Hong-won-sik , Korea-times , Namyang-dairy-product , Namyang-dairy

Namyang owner slammed for indicating 'seller's remorse'

Namyang owner slammed for indicating 'seller's remorse'
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Maeil , Kyongsang-bukto , Namyang , Cholla-namdo , Korea , Hahn-company , Namyang-dairy-product , Hong-won-sik