MiSK Foundation's Acquisition of SNK2021-03-24
Lee & Ko successfully advised MiSK Foundation, which was established by Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince of Saudi Arabia, in its acquisition of 33% shares of SNK, a Japanese company listed in the Korean securities exchange, for approximately USD 217 million. This transaction involved parties from various global jurisdictions, including Saudi Arabia, Hong Kong, and the Cayman Islands. Although this transaction was greater in complexity than other M&A transactions due to the fact that the deal target was the Korean Depositary Receipts (KDR) of SNK, a Japanese company, Lee & Ko is widely considered to have effectively advised the client to successfully consummate the transaction.
H&Q Korea's Sale of JobKorea2021-04-19