President Lee: "Must Revitalize M&A... Hope Decision on Mandatory Tender Offer Is Not Delayed"
4 Articles
4 Articles
On the 13th, President Lee Jae-myung stated, “From the government’s perspective, we must revitalize mergers and acquisitions (M&A),” adding, “In particular, to resolve the problem of abnormal undervaluation in a country like South Korea, we must extensively revitalize M&A to expand the overall pie.” President Lee made these remarks at a capital meeting held at the Korea Exchange that morning.
Discussions are underway regarding the introduction of a mandatory tender offer system to protect minority shareholders and revitalize the market during corporate mergers and acquisitions. Compromise proposals, such as the 50%+1 share method, are clashing over the financial burden on acquirers and the guarantee of rights for general shareholders; President Lee Jae-myung expressed the difficulty of making policy decisions at a meeting with the ca…
(Seoul = Yonhap News) Reporter Hwang Yun-gi = On the 13th, President Lee Jae-myung stated, "We must revitalize mergers and acquisitions (M&A) to make them easier and more frequent so that the market can be normalized..."
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