Lee & Ko advised LG Corp. in connection with the sale of its controlling interest in LG Siltron Inc., a manufacturer of wafers used as base materials for semiconductors (deal value of KRW 620 billion), to SK Holdings Co., Ltd. This transaction attracted the market’s attention, as it was the first M&A mega-deal between two Korean conglomerates since 2015. With Lee & Ko’s assistance, the share sales agreement was successfully executed on January 23, 2017. From the establishment of deal structure to the execution of the share sales agreement and its ancillary agreements, Lee & Ko successfully provided effective and professional advice regarding all legal issues that arose in the course of this transaction. The successful completion of this transaction demonstrated Lee & Ko’s strength in private M&A deals and reaffirmed Lee & Ko’s unparalleled expertise in this field.