M&A Money

The inflow and outflow for cross-border M&As totaled US$7 billion and US$7.2 billion in the first half of this year, up 124% and 27% from a year earlier.
The inflow and outflow for cross-border M&As totaled US$7 billion and US$7.2 billion in the first half of this year, up 124% and 27% from a year earlier.

 

According to the Bloomberg League Tables related to the South Korean M&A market, cross-border capital inflow and outflow totaled US$7 billion and US$7.2 billion in the first half of this year, up 124% and 27% from a year earlier, respectively. Last year, the total cross-border capital outflow, that is, cross-border M&A for overseas business acquisition, reached a 10-year high of US$22.1 billion.

In the first half of 2017, global investment banks led the local financial and capital transaction advisory market. For example, Goldman Sachs posted a market share of 9.5% by acting as a lead manager and advisor in Hyundai Card stock sale by GE Group, sale of Daesung Industrial Gas, sale of Universal Studio Japan, etc. Morgan Stanley’s market share was 7.8% during the period and it was followed by Sumitomo Mitsui Financial Group, Credit Suisse and Samil PwC.

The legal advisory sector was topped by Kim & Chang, which provided its service in 70 M&A deals worth US$20.475 billion. Shin & Kim followed it with 41 deals worth US$6.907 billion.

In the meantime, the total value of M&A deals increased 30% year on year to US$38.8 billion in the first half. The number of such deals edged down 6% to 694. In the second quarter alone, the value rose 53% to US$24.8 billion while the number fell 4% to 355. The division and merger of the Lotte Group worth 10.0671 trillion won was the biggest contract in H1.

 

 

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