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Minnesota-based food business Schwan's Company will sell a majority stake to a South Korean firm, according to a news release Nov. 15.CJ CheilJedang of Seoul,... [Read More]
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The KOSPI is trading at a relatively cheap valuation based on the Shiller CAPE ratio. That said, South Korean SMEs are coming under pressure and... [Read More]
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The companies released a statement Thursday saying CJ CheilJedang will pay $1.8 billion for an 80 percent stake in Schwan's and gain control of its... [Read More]
A food distributor with deep roots in Minnesota has been sold to South Korea's largest food company. The Schwan's Co. is well known for home... [Read More]
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Nov 15, 2018--AdaSky, pioneer in Far-Infrared technology (FIR) for autonomous vehicles, today announced it has secured $20M from lead investor, Sungwoo Hitech Co., Ltd, a... [Read More]
South Korea's CJ CheilJedang Corp said on Thursday it bought privately held U.S. frozen foods firm Schwan's Co for $1.84 billion, the South Korean food-to-entertainment... [Read More]
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The Schwan family, descendants of founder Marvin Schwan who started the company in Marshall in 1953, will continue to own 20 percent, including its home... [Read More]
Three South Korean companies will plead guilty to criminal charges and pay $236 million for their role in a conspiracy to fix the price of... [Read More]
Three South Korean companies will plead guilty to criminal charges and pay $236 million for their role in a conspiracy to fix the price of... [Read More]
The Justice Department says three South Korean companies have agreed to pay $236 million to settle allegations they were part of a bid-rigging scheme that... [Read More]
Three South Korean companies will plead guilty to criminal charges and pay $236 million for their role in a conspiracy to fix the price of... [Read More]
Three South Korean firms have agreed to plead guilty to criminal charges and pay about $82 million in fines for their role in a decades-long... [Read More]
Round-up of South Korean financial markets: ** South Korea's KOSPI stock index edged lower on Wednesday as... [Read More]
U.S. hedge fund Elliott Management on Tuesday renewed pressure on Hyundai Motor Group, calling on the South Korean company to return $10.6 billion of cash... [Read More]
Round-up of South Korean financial markets:... [Read More]
Round-up of South Korean financial markets: ** South Korea's KOSPI stock index slumped on Tuesday, as worries... [Read More]
South Korean President Moon Jae-in took action to stem a backlash over his income-led growth policy by axing two conflicting voices within his administration amid... [Read More]
South Korea's leader replaced his top economic policy makers in response to concerns about a weakening economy and differences among senior officials over how to... [Read More]
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