M&A in Asia - Korea in the spotlight

In a year when global M&A activity has slumped, Korea stands out as a success story thanks in part to its improving legal system. LinklatersÆ John Koh looks at the reasons.

In 2002, mergers and acquisitions MA in Asia registered a sharp drop from the highs of 2001. According to Thomson Financial, up to the end of the third quarter of 2002, announced MA deals in Asia outside Japan totalled $62 billion, compared with $76 billion for the same period in 2001.

Despite the difficult economic conditions, Korea's improving legal and regulatory conditions have made investment into the country more attractive, and 2002 saw significant deals being done. While FDI fell to $11.87 billion in 2001 from a high of $15.69 billion the year before, these figures are up from $6.9 billion in 1997, according to the Korea Investment Service Centre. Since...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222