Lee & Ko provided comprehensive legal services to Hoban Engineering in acquiring 40% of the issued and outstanding shares in Taihan Electric Wire from NIKE, Inc., a wholly owned subsidiary of IMM PE, for an aggregate purchase price of KRW 251.8 billion. The Share Purchase Agreement in connection to the above transaction was executed on March 29, 2021 and with a subsequent closing taking place on May 18, 2021.
Serving as a legal counsel to Hoban Engineering, Lee & Ko provided legal review and advisory services in relation to various potential issues arising out of due diligence findings, bidding, drafting and negotiating the Share Purchase Agreement and other ancillary documents.