Shin & Kim Ranks at the Top of Bloomberg’s Latest Korea M&A Advisory League Table

Compared with last year’s standings, Shin & Kim advised on the second highest number of M&A deals in the first half of 2019 in South Korea, up from the #3 position in 1H 2018.

According to Bloomberg, 654 deals were announced in the Korean M&A market in 1H 2019, worth approx. USD 33.2 billion.  As principal, Shin & Kim advised on 39 deals, worth approx. USD 7.64 billion.

Among the firm’s notable representations include:

  • Acquisition of Momentive Performance Materials, a U.S.-based silicone manufacturer, by a KCC Corporation-led consortium worth approx. USD 2.9 billion, which was the largest M&A deal in the first half of 2019 in Korea;
  • CJ CheilJedang’s USD $1.84 billion acquisition of U.S. frozen food producer, Schwan’s Company;
  • Sale of its USD 800 million stake in Paju Energy Services by SK E&S, a major Korean gas & power company;
  • German industrial gases group Linde’s sale of its shares in Linde Korea, the country’s fifth largest industrial gas producer, for USD 1.2 billion to South Korean private equity firm IMM;
  • Acquisition of Lotte Card by a consortium of private equity firm MBK Partners and Woori Bank for USD 1.16 billion;
  • Merger of South Korea's top mobile carrier SK Telecom with the country’s No. 2 cable TV operator, t-broad.