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H&Q and IMM - Hi-Mart share acquisition

US$150.00 m
  • Entry date - Friday, 12 February 2010
  • Jurisdiction - Korea
  • Practice - M&A
  • H&Q and IMM acquired shares of Hi-Mart convertible into 20.77% equity interest of for KRW 175bn.

  • Firm
    Kim & Chang
  • Client
    H&Q Asia Pacific
  • Lead Lawyers
    Chang-Hyeon Ko
  • Role
  • Firm
    Kim & Chang
  • Client
    IMM Rosegold Private Equity Fund
  • Lead Lawyers
    Chang-Hyeon Ko
  • Role
  • Firm
    Yulchon
  • Client
    Hi-Mart Co
  • Lead Lawyers
  • Role


DEAL SUMMARY

  • January 14, 2010: Private equity funds H&Q and IMM acquired shares of Hi-Mart convertible into 20.77% equity interest of for KRW 175bn.

  • Kim & Chang represented H&Q and IMM in all aspects of the transaction, including structuring the transaction, conducting legal due diligence on the Company, advising on regulatory matters and negotiating and drafting the transaction documents.



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