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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.
After yet another Korean star came under investigation for suspected drug use, the South Korean entertainment industry is feeling increasingly anxious over the possible fallout from multiple entertainment personalities being investigated for suspected drug use. Rapper G-Dragon, the leader of Big Bang whose real name is Kwon Ji-yong, was booked without detention Wednesday for suspected violation of the Narcotics Contr.