Kookmin is the winner; PCCW a loser

FinanceAsia has analysed the best and worst piece of M&A since the financial crisis.

In a study published by FinanceAsia magazine this week, we have ranked the best and worst MA since the financial crisis based on creation and destruction of shareholder value.

This study was undertaken over the Summer and concluded that the best merger that has occurred since the Asian financial crisis was the merger between Kookmin Bank and HCB to create Korea's premier bank. It topped the FinanceAsia list with a return of 218.4%.

Other successful Korean...

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