South Korea's M&A deal value surges 32 percent in 2023 despite fewer filings, fueled by global tech deals

( March 17, 2024, 03:00 GMT | Official Statement) -- MLex Summary: In 2023, the Korea Fair Trade Commission reviewed 927 merger filings, down 9.7 percent from the previous year, but the total deal value surged 32.2 percent to 431 trillion won (about $324 billion), driven by large global M&A transactions. According to the M&A trend analysis by the South Korean competition regulator, filings by domestic companies and conglomerates declined, while those by foreign companies jumped to 188 cases worth 376 trillion won. The regulator said M&A activity was robust in emerging industries like EV batteries and credit information services and the year saw major deals between global big tech firms such as Microsoft-Activision Blizzard and Broadcom-VMware.The statement, in Korean, is attached....

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South Korea's M&A deal value surges 32 percent in 2023 despite fewer filings, fueled by global tech deals

Prepare for tomorrow’s regulatory change, today

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