Aeon Group’s sale of Ministop Korea to Lotte Corporation

Ministop, a subsidiary of the Japanese retail giant Aeon Group, entered into a share purchase agreement with Lotte Corporation on January 21, 2022, over 5,080,000 shares in Ministop Korea, accounting for 100% of total issued and outstanding shares.
 
Representing Ministop in this transaction, Lee & Ko provided comprehensive legal advice in connection with the negotiation and preparation of the share purchase agreement, ancillary documents and contracts and contributed significantly to its successful execution, and exceeded market expectations with the purchase price over 310 Billion Korean Won.
 
As this transaction was a cross-border deal between the Japanese client and the Purchaser, a Korean entity, Lee & Ko utilized the global expertise and capabilities of its professionals in preparing the share purchase agreement in English and communicated with the client in Japanese to provide effective advice throughout this transaction.