It’s official: HYBE has inked a deal with SM Entertainment founder Lee Soo Man that will make it the largest shareholder of the company. On February 10, HYBE was officially confirmed to be acquiring a 14.8 percent stake of SM Entertainment from Lee Soo Man for 422.8 billion won (approximately $334.3 million). Before the deal,
Controversy is surrounding Taekwang Industrial as it looks to increase capital for Heungkuk Life Insurance through a board meeting. Shareholders and civic groups are calling on Taekwang Industrial to withdraw from the discussions, calling the move a breach of trust as the company has no affiliation with Heungkuk Life, according to industry officials, Tuesday.
An overview of key legal and practical considerations surrounding the use of cryptoassets for investment and financing in South Korea, including regulatory thresholds and the rules governing ICOs.
Your first-step guide to the key legal and practical points surrounding distressed M&A transactions in Bulgaria , covering common structures, packaging and transferring assets, the transfer of liabilities and more.