Live well, die well: As Korea ages, investors turn to funeral services

private equity firm VIG Partners, is expected to mark the conclusion of the government-led industry reorganization. On Monday, VIG Partners announced that it had selected Woongjin Group, a mid-sized

Align Partners under fire for inconsistent activist demands on Coway

MBK Partners became Coway’s largest shareholder, taking over from Woongjin, the company increased its dividend payout ratio from around 40 percent to 90 percent. However, after Netmarble took over as

S. Korea's M&A activity brisk this year despite virus

Woongjin Coway Co., the country's largest home appliance rental service provider, for 1.7 trillion won. "Large companies appear to have focused on securing growth engines through business shakeups in spite

Korean game companies diversify to move past former glories

, Netmarble -- a Korean firm that focuses on mobile game development and distribution -- is going the opposite way by focusing on hardware, as witnessed by its acquisition of water purifier rental firm Woongjin

[M&As Weekly] Infection slowdown pushes deal closures, new bids

purifier rental service firm Coway in 2019. The deal forced Woongjin to resell Coway promptly and offload shares in other subsidiaries to secure cash. Woongjin Booxen has a 65 percent domestic book

SPC Samlip appoints Hwang Jong-hyeon as new CEO

Samjong KPMG and then led Woongjin Coway (now rebranded as Coway), building his career in business management and strategic planning, the company said. By Jo He-rim ()

Coway rebrands under Netmarble

Woongjin Coway is now simply Coway after Netmarble’s acquisition of the company. Coway convened an interim shareholders meeting on Friday at its head office in Gongju, South Chungcheong Province

Netmarble to launch A3: Still Alive in March

game market, CEO Kwon Young-sig said at a press event Wednesday. Since becoming the majority stakeholder of home appliance subscription firm Woongjin Coway in December, Netmarble has been receiving

Woongjin Coway seeks lead in air purifier market with filter variables

Following rising demand for air purifiers, household appliance company Woongjin Coway is seeking to continue its lead in the market with its special filters, the company said Tuesday. According to

M&As to keep Korean industries going in 2020

sought to reshape the industry at home and abroad. But some cases often left them saddled with financial burdens. Woongjin Group regained control of water purifier rental company Coway in March, as a