Korea M&A Corporation

History is repeating itself in the private-equity business. Twenty years ago this week, Kohlberg Kravis Roberts & Co. won the historic battle for tobacco and cookies maker RJR Nabisco. What was then the largest leveraged buyout came to symbolize the frenzied deal-making of 1980s Wall Street, immortalized in the book "Barbarians at the Gate." RJR was among the least successful deals in KKR's 32-y..

Recent turmoil in global financial markets is making it clear that companies around the world will need to focus intently on competitiveness to attract capital. That is true for countries, too, as regulators try to create conditions that will give their economies an edge in the eyes of international investors. Korea is not immune from these competitive pressures. So several recent events, althou..

When Park Hyeon-joo, chairman of Mirae Asset Financial Group, introduced South Korea's first retail mutual fund in December 1998, the country was mired in the Asian financial crisis. Only a year had passed since the government had agreed to bring strict discipline to its financial sector and rein in profligate industrial conglomerates, in return for a multibillion-dollar bailout from the Interna..

I always feel thirsty for M&A deals. I can easily watch so many deals in the world through media but it is so hard to find good deals and should make an effort to see not so bad deal. Some one says "Networking is money and it gives us good information for deal" Yes. Right!!! Good networking makes good information and provide me good deals. Then how can I make good networking or relationship with..

According to PriceWaterhouseCoopers Financial Services M&A Going for growth in Asia June 2007 Survey, if 2005 saw M&A activity of $38.8 billion, in 2006 the same (including insurance) rose to a record 66 per cent to touch $64.5 billion. High cost of deals notwithstanding, M&A activity in Asia, specially in the financial services sector, is seen to take on an upward trajectory over the next five ..

When purchasing a company, we'd like to know the proper price of stocks which I should buy. Surely cheaper, better. But no one wants to give his own stock to others cheaply. Then how much is appropriate price? That is the common issue of Fund manager. Answer is that prices are different according to buyers. ha ha ha. You'd like to tell me "all the person can say like it" Sure. I think that truth..

London: The leveraged buyouts that have fuelled record merger activity face a new test as interest rates rise and stock markets wobble, early signs that the debt behind the deals could become costlier and difficult to raise. Low interest rates around the world have led to an explosion in buyouts by private equity firms such as Kohlberg Kravis Roberts and Blackstone Group in recent years. They ha..

Reading newpaper, many international companies blame for the transparency of asian companies because management and ownership are not seperated. I agree with their oppinions. Surely past many asian companies were so opaque and owned and dominated by several persons like Chebeols and some families although they were corporation and shares of them are not so enough to do it. So some persons claim ..

A mergers and acquisition boom in emerging Asia has been long promised. Will 2007 be the year it actually materialises? Although the number and value of deals in the Asia-Pacific region has risen fast, most M&A activity has been concentrated in Japan and Australia. There is much to discourage buyers from venturing further afield. Policy risks remain high, as the botched imposition of capital con..

Do you know why such so many M&As have happened in the world? What's your idea? Easily think of it. If they don't act M&A, then what things happen to them? If their basic idea is not bad, then they can get enough money to operate company. However, they can not give motives that investors invest that company. It means investors would keep at a distance and neglect to invest it. so the price of st..

There are many banks in China. Recently most banks already listed in stock market with big value and are preparing for listing. If we consider their potential, they surely deserve to get great evaluation from investors. However, sometimes I feel that their evaluation of Chinese banks is too high to invest. Because they have a lot of non performance liabilities(below called 'NPL') and potential N..

In China, Google has some kinds of troubles in its China business. Although Google vigorously began its own business in China, results are not so good until now. Why so tough in China? Surely several big reasons exist. First, China government doesn't want for Google or Other global portal sites to be main portal in China. China govn. would like for all the Chinese peoples to be under control wit..

There were many chinese interenet companies to advance to NASDAQ last year. Surprisingly BAIDU's PER was over 2000 and Yahoo acquired 49% stocks of Alibaba with $1B although Alibaba's revenues is $46m in 2004. Why are investors crazy for china market? Do you know it? Sometimes I ask my foreign friends why. Their answers are too simple. Developed countries' markets are already saturated and they ..

There are many ways to avoid tax in Korea. I will introduce you two ways to avoid tax. Recently many hedge funds executed it like this. 1. Purchasing a building through new establishing korean company and sell stocks of that company to buyer. Then the tax of stock exchange is 10% of capital gain. This rate is much lower than tax from estate transfer. 2. Investment in Tax heaven which contracted ..

The announcement of a merger sends a strong message to the market: you are trying to move the business forward; you are looking for expansion and rationalization opportunities; you are responding to the increasing pressures of globalization and technological change. Unfortunately, such an announcement also sends just as strong a message to your competitors and to the recruiting firms that serve ..