Lee & Ko advised TPG, a global private equity firm, on its acquisition of a controlling stake in Lotte Rental Co., Ltd. Valued at approximately KRW 1.31 trillion, the transaction was one of the most prominent private equity deals in Korea's M&A market in 2026 and involved a range of complex legal and regulatory issues, including merger control, capital markets regulation and acquisition financing.

Lee & Ko provided comprehensive legal counsel across all aspects of the transaction, including legal due diligence, transaction structuring, review of the share purchase agreement and disclosure documents, acquisition financing, merger control filings, warranty and indemnity (W&I) insurance and the establishment of a special purpose vehicle. By closely analyzing the Korean regulatory issues arising from the acquisition of a listed company and proposing practical solutions, Lee & Ko contributed to the successful signing of the transaction.

Related Members