Acquiring Company
Korea Gas Corporation
Acquired Company
Korea National Oil Corporation
South KoreaSouth KoreaEnergyOil And GasRenewable EnergyEnergyOil And GasDescription
Korea Gas Corporation (KOGAS) is set to acquire Korea National Oil Corporation (KNOC) as part of a significant restructuring of South Korean public institutions. Concerns are rising over KNOC's substantial liabilities and negative equity, which may impact KOGAS’s financial health. Despite the government being the largest shareholder in KOGAS, the merger poses several challenges, particularly regarding shareholder rights and the financial burden transferred from KNOC. The integration is anticipated to reshape the energy landscape in South Korea.
Don't miss Korea Gas Corporation's next move
Get an email the moment Korea Gas Corporation makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
M&A Insights
Based on deal dataFrequently asked
Who acquired Korea National Oil Corporation?
Korea National Oil Corporation was acquired by Korea Gas Corporation, based in South Korea. The deal was reported on September 4, 2026. Korea Gas Corporation (KOGAS) is the largest natural gas supplier in South Korea, responsible for the import and supply of liquefied natural gas (LNG). Korea Gas Corporation is privately held and operates in Energy.
When did Korea Gas Corporation acquire Korea National Oil Corporation?
Korea Gas Corporation's acquisition of Korea National Oil Corporation was reported on September 4, 2026. Korea Gas Corporation (KOGAS) is set to acquire Korea National Oil Corporation (KNOC) as part of a significant restructuring of South Korean public institutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Korea National Oil Corporation do?
Korea National Oil Corporation (KNOC) is a state-owned company responsible for the exploration, production, and supply of oil resources. It plays a crucial role in managing national oil stockpiling and developing energy strategies. It is privately held, operating in Energy, and is based in South Korea.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.