…SOUTH KOREA - An investor group comprised of Woori Financial Holdings Co Ltd and Industrial Bank of Korea planned to acquire a #.##% stake or ##.### mil ordinary shares, in KT&G Corp, a cigarettes manufacturer.…
…SOUTH KOREA - A management-lead investor group comprised of KT&G's (KG) executives, backed by MBK Partners LP, discontinued its plans to acquire KG, a cigarettes manufacturer, in a leveraged buyout transaction.…
…SOUTH KOREA - An investor group comprised of Icahn Partners Master Fund LP (IP), Icahn Partners LP (IL) ,Steel Partners II LP (SP) and High River Ltd withdrew its plans to acquire the remaining ##.##% interest, which it did not…
…SOUTH KOREA - South Korean majority state-owned KT&G Corp planned to acquire a ##.#% interest, or #.### mil shares in Hanbit Flavor & Fragrance Co Ltd, a food flavoring manufacturer and wholesaler, for #.# bil Korean won…
…SOUTH KOREA - South Korean majority state-owned KT&G Corp acquired a ##.##% stake, or #.### mil ordinary shares in Young Jin Pharmaceutical Co Ltd, a pharmaceutical manufacturer, in an open market transaction, for ## bil Korean won…
…SOUTH KOREA - KT&G Corp acquired a bonds convertible into ##.##% stake, or #.### mil shares in Yungjin Pharmaceutical Co Ltd, a pharmaceutical manufacturer, for ## bil Korean won ($##.## mil US).…
…SOUTH KOREA - In August ####, the Korean government announced that it was seeking a buyer for a ##% stake in Korea Tobacco & Ginseng Corp, a manufacturer of cigarettes.…
…South Korean Ministry of Finance (SKM) divested a ##.##% stake, or ## mil ordinary shares, in Korea Tobacco & Ginseng Corp (KTG) to investors, in an equity carveout transaction, for ##,### Korean won ($##.## US) in cash per…
…In July ####, the South Korean government announced that it was seeking a buyer for a ##% stake in the state-owned Korea Tobacco & Ginseng. Bidders included Philip Morris Inc and Lotte Group. Originally, in July ####, the South Korean…
KT&G Corp M&A Summary
KT&G Corp has made 0 acquisitions while taking stakes in 2 companies. KT&G Corp has 1 divestiture during this period.