On the Record · Posco
Posco acquisitions, on the record
The businesses Posco bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
remaining 50% of QSONE Co., Ltd.Word for word“In 2023, such gain related primarily to our recognition of Won 185 billion of gain on disposal of investments in associates related to reclassification of QSONE Co., Ltd. as a consolidated subsidiary following our acquisition of the remaining 50% of its shares, which had been previously classified as an investment in associates.” 20-F for 2023 | acquisition | — | Won 185 billion of gain on disposal of investments in associates |
salt lake in Salta and Catamarca provinces of Argentina (POSCO Argentina)Word for word“In 2018, POSCO Argentina SAU (“POSCO Argentina”), a wholly owned subsidiary of POSCO HOLDINGS INC., acquired a salt lake located in Salta and Catamarca provinces of Argentina.” 20-F for 2023 | acquisition | In 2018 | — |
sales of certain steel-related subsidiaries and associatesWord for word“In 2022, such gain related primarily to sales of certain steel-related subsidiaries and associates.” 20-F for 2023 | agreed divestiture | In 2022 | — |
QSONE Co., Ltd.Word for word“In 2023, such gain related primarily to our recognition of Won 185 billion of gain on disposal of investments in associates related to reclassification of QSONE Co., Ltd. as a consolidated subsidiary following our acquisition of the remaining 50% of its shares, which had been previously classified as an investment in associates.” 20-F for 2024 | acquisition | 2023 | — |
salt lake located in Salta and Catamarca provinces of ArgentinaWord for word“In 2018, POSCO Argentina, a wholly owned subsidiary of POSCO HOLDINGS INC., acquired a salt lake located in Salta and Catamarca provinces of Argentina.” 20-F for 2024 | acquisition | 2018 | — |
non-core underperforming projects and assetsWord for word“As of December 31, 2024, we have divested from 45 non-core underperforming projects and assets.” 20-F for 2024 | divestiture | As of December 31, 2024 | — |
power generation business of POSCO EnergyWord for word“Power Generation Activities. POSCO INTERNATIONAL acquired the power generation business of POSCO Energy through its merger into POSCO INTERNATIONAL on January 1, 2023.” 20-F for 2025 | merger | January 1, 2023 | — |
30% equity interest in joint venture holding lithium mining assets of Mineral Resources Ltd.Word for word“For example, we plan to (1) make investments alongside Hyundai Motor Group for the joint development and construction of an electric arc furnace steel mill in Louisiana, United States, (2) make investments alongside JSW Steel Limited to jointly construct an integrated steel mill in Odisha, India and (3) acquire a 30% equity interest in joint venture that will hold interests in certain lithium mining assets of Mineral Resources Ltd. in Australia.” 20-F for 2025 | agreed acquisition | — | — |
Read from Posco’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-29. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.