POSCO Mergers and Acquisitions


POSCO

1, Koe-dong, Nam-gu
Pohang, Kyongsangbuk-do 790-785
South Korea
Tel:82/562/220-0114
URL: http://www.posco.co.kr/
Formerly known as:
Pohang Iron & Steel Co. Ltd.
Primary Symbol & Exchange:
05490 - Ordinary Shares - Korea
Other Symbol & Exchange:
PKX - ADR - New York Stock Exchange
Industry:
Metals
POSCO Company Snapshot

POSCO Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

POSCO M&A History


Posco Co Ltd acquires Motta Resources Indonesia PT from KCH Resources Co Ltd (pending) Posco Co Ltd acquires  Motta Resources Indonesia PT from KCH Resources Co Ltd (pending)Nov 16, 2009

INDONESIA - POSCO Co Ltd of South Korea planned to acquire an undisclosed majority interest in Motta Resources Indonesia PT, a wholesaler of coal, from KCH Resources Co Ltd.

Posco Co Ltd acquires POSCON (pending) Posco Co Ltd acquires  POSCON (pending)Oct 16, 2009

SOUTH KOREA - Posdata Co Ltd (Posdata), a ##.##%-owned unit of Posco Co Ltd (Posco), agreed to merge with Poscon, a Pohang-si-based manufacturer spiral steel tubing, and a ##.##%-owned unit of Posco, in exchange for

Posco Co Ltd acquires ASC Posco Co Ltd acquires  ASCSep 25, 2009

VIETNAM - POSCO Co Ltd of South Korea acquired a ##% interest in Asia Stainless Corp {ASC}, a Ho Chi Minh- based manufacturer of stainless steel, for an estimated VND ###.### bil (USD ## mil).

Shanghai Lujiazui Fin & Trade acquires Shanghai POSCO E&C RE Dvlp Co from Posco Co Ltd Shanghai Lujiazui Fin & Trade acquires  Shanghai POSCO E&C RE Dvlp Co  from Posco Co LtdAug 14, 2009

CHINA - Shanghai Lujiazui Finance & Trade Zone Development Co of China, a majority-owned unit of Chinese state-owned Shanghai Lujiazui Development (Group) Co Ltd, acquired the entire share capital of Shanghai POSCO E&C Real Estate Development Co Ltd, an

Investor Group acquires Shanghai POS RE Dvlp Co Ltd from POSCO Co Ltd Investor Group acquires  Shanghai POS RE Dvlp Co Ltd from POSCO Co LtdJul 30, 2009

CHINA - An investor group, comprised of Shanghai Lujiazui Finance & Trade Zone Development Co Ltd (SL), a ##. ##%-owned unit of Chinese state-owned Shanghai Lujiazui (Group) Co Ltd, and Shanghai Lujiazui Finance & Trade Zone United Development Co Ltd, a

POSCO Australia Pty Ltd acquires a minority stake in Jupiter Mines Ltd (pending) POSCO Australia Pty Ltd acquires a minority stake in  Jupiter Mines Ltd (pending)Jul 01, 2009

AUSTRALIA - POSCO Australia Pty Ltd, a unit of POSCO Co Ltd agreed to acquire a ##. ##% stake, or ## mil new ordinary shares, in Jupiter Mines Ltd, a West Perth-based gold, nickel and iron ore mining company, for

POSCO Co Ltd acquires a minority stake in Tshipi e Ntle Manganese Mining POSCO Co Ltd acquires a minority stake in  Tshipi e Ntle Manganese MiningJun 04, 2009

SOUTH AFRICA - POSCO Co Ltd of South Korea acquired an ##. ##% stake in Tshipi e Ntle Manganese Mining (Pty) Ltd, a manganese mining company, for ZAR ###.### mil (USD ##.# mil) , from Pallinghurst Resources Guernsey Ltd.

POSCO Co Ltd is rumored to be planning to acquire Daewoo Logistics Corp POSCO Co Ltd is rumored to be planning to acquire  Daewoo Logistics CorpMay 20, 2009

SOUTH KOREA - Posco Co Ltd was rumored to be planning to acquire Daewoo Logistics Corp, a Seoul-based provider of logistic services.

Nippon Steel Corp acquires a minority stake in POSCO-Vietnam Co Ltd from POSCO Co Ltd Nippon Steel Corp acquires a minority stake in POSCO-Vietnam Co Ltd from POSCO Co LtdApr 21, 2009

VIETNAM - Nippon Steel Corp (NS) acquired a ##% stake in POSCO-Vietnam Co Ltd (PV), a cold-rolled mill manufacturer and a wholly-owned unit of POSCO Co Ltd (PC), for an estimated ###.### bil Vietnamese dong ($## mil

POSCO Co Ltd is rumored to be planning to acquire Thainox Stainless PCL POSCO Co Ltd is rumored to be planning to acquire  Thainox Stainless PCLJan 14, 2009

THAILAND - Posco Co Ltd was rumored to be planning to raise its interest to ##% from ##% by acquiring a further ##% interest, or #.## bil ordinary shares, in Thainox Stainless PCL, a steel products wholesaler and manufacturer.

POSTEEL acquires Pohang SFC Co Ltd (pending) POSTEEL acquires Pohang SFC Co Ltd (pending)Jan 02, 2009

SOUTH KOREA - POSTEEL, a wholly-owned unit of Posco Co Ltd, planned to acquire a ##% interest in Pohang SFC Co Ltd, a steel pipes manufacturer.

Posdata Co Ltd acquires a minority stake in POSBRO Inc from POSCO Co Ltd Posdata Co Ltd acquires a minority stake in POSBRO Inc from POSCO Co LtdDec 26, 2008

SOUTH KOREA - Posdata Co Ltd, a ##.##%-owned unit of POSCO Co Ltd, raised its interest to ##.##% from ##.##%, by acquiring a further ##.##% stake, in POSBRO Inc, a wireless telecommunications services provider, for #

POSCO Co Ltd acquires a minority stake in Macarthur Coal Ltd POSCO Co Ltd acquires a minority stake in Macarthur Coal LtdJul 28, 2008

AUSTRALIA - Posco Co Ltd (PC) acquired a ##% stake, or ##.### mil ordinary shares, in Macarthur Coal Ltd (MC), a coal mining company, from Talbot Group Investments Pty Ltd, for ## Australian dollars ($##.### US) per share, or

POSCO Australia Pty Ltd acquires a minority stake in Sandfire Resources NL POSCO Australia Pty Ltd acquires a minority stake in Sandfire Resources NLJul 03, 2008

AUSTRALIA - POSCO Australia Pty Ltd, a wholly-owned unit of POSCO Co Ltd, acquired a ##.##% stake, or ## mil ordinary shares, in Sandfire Resources NL, a gold, copper, lead and zinc mining company, for #.### mil Australian

POSCO Co Ltd acquires a minority stake in Undisclosed Manganese Mine (pending) POSCO Co Ltd acquires a minority stake in Undisclosed Manganese Mine (pending)Apr 18, 2008

SOUTH AFRICA - POSCO Co Ltd of Korea, a Gyongsangbuk-Do-based manufacturer and wholesaler of iron and steel, planned to acquire a ##% stake in undisclosed manganese mine, for #.### bil South African rands (###.### bil Korean won

POSCO Engineering & Constr acquires Daewoo Engineering Co POSCO Engineering & Constr acquires Daewoo Engineering CoApr 03, 2008

SOUTH KOREA - POSCO Engineering & Construction Co Ltd, a majority-owned unit of POSCO Co Ltd, acquired a ##% interest in Daewoo Engineering Co, an engineering services provider, for ### bil Korean won ($###.### mil US).

POSCO Co Ltd acquires MEGS Industries Sdn Bhd POSCO Co Ltd acquires MEGS Industries Sdn BhdFeb 06, 2008

MALAYSIA - POSCO Co Ltd acquired a ##% interest in MEGS Industries Sdn Bhd, a galvanized steel manufacturer, from Datuk Mohd Zaid Bin Ibrahim, for ##.### mil Malaysian ringgit (##.### bil Korean won/$##.### mil US).

POSCO Australia Pty Ltd acquires a minority stake in Cockatoo Coal Ltd POSCO Australia Pty Ltd acquires a minority stake in Cockatoo Coal LtdSep 25, 2007

AUSTRALIA - Posco Australia Pty Ltd, a wholly-owned unit of Posco Co Ltd, acquired a ##.##% stake, or ##.# mil ordinary shares in Cockatoo Coal Ltd, a coal mining company, for ## mil Australian dollars ($##.### mil

POSCO Co Ltd acquires POSCO MEXICO Human Tech POSCO Co Ltd acquires POSCO MEXICO Human TechJul 13, 2007

MEXICO - POSCO Co Ltd acquired an ##% interest in POSCO MEXICO Human Tech SA de CV, a manufacturer and wholesaler of iron and steel.

Hansol Telecom Co Ltd acquires a minority stake in POSCO Co Ltd (pending) Hansol Telecom Co Ltd acquires a minority stake in POSCO Co Ltd (pending)May 28, 2007

SOUTH KOREA - Hansol Telecom Co planned to an undisclosed minority stake in POSCO Co Ltd, an iron and steel manufacturer and wholesaler, for #.## bil Korean won ($# mil US), in a privately negotiated transaction.

POSCO M&A Summary


POSCO has made 6 acquisitions while taking stakes in 21 companies. POSCO has 10 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009033
2008051
2007060
2006101
2005020
2004010
2003000
2002020
2001100
2000003
1999121
1998000
1997100
1996000
1995000
1994100
1993001
1992000
1991000
1990100
Total62110

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