On November 11, 2015, Simmtech Holdings Co., Ltd. acquired 5,566,650 shares of Simmtech Co., Ltd. in the tender offer, with the total deal valued at KRW 65,964,325,536. The consideration for such acquisition in the tender offer was 19,493,004 of newly issued shares of Simmtech Holdings Co., Ltd. Lee & Ko provided a comprehensive review of the potential legal issues and proposed the most effective transaction structure for the deal.