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Press Release [The Korea Economic Daily][2021 1st quarter League Table] Lee & Ko, sweeps 17 consultation cases and 'reclaims 1st place'

2021.04.01

On April 1, 2021, the Korea Economic Daily reported, “Lee & Ko has been sweeping up the M&A legal consultation cases in the first quarter of this year. Lee & Ko has hit the ground running with almost 20 transaction cases within 3 months since the new year has started.”

 

Market Insight, the Korea Economic Daily’s media specializing in capital markets, announced the League Table for 1Q2021 which was compiled with FN Guide, where “the honor of 1st place in the M&A legal risk consultation category went to Lee & Ko. Lee & Ko advised on 17 cases worth a total of 5.577 trillion won, and outperformed other competing law firms in both the size and number of transactions.” According to Market Insight, “The traditional powerhouse, Kim & Chang, participated in a total of 7 transactions worth 4.475 trillion won and took 2nd place. Bae, Kim & Lee (6 cases, 1.878 trillion won) and Shin & Kim (7 cases, 1.988 trillion won) took 3rd and 4th place, respectively.”

 

Specifically, “Lee & Ko’s biggest transaction was the sale of Hyperconnect, the operator of the video messenger ‘Azar’ (1.93 trillion won). Hyperconnect sold 100% of its shares to U.S. Match Group, the operator of the world’s biggest dating app ‘Tinder,’ in which Lee & Ko assisted Hyperconnect. Earlier this year, Lee & Ko advised the sale of JobKorea, a popular job hunting platform (900 billion won), and also participated in the surprise transaction of E-Mart’s acquisition of SK Wyverns Baseball League (100 billion won), which attracted the attention of baseball fans.”

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