Spurred by restructuring of industries and the governments move to ease regulations, Koreas mergers and acquisitions are expected to see another boom in 2016 after 2015, when M&A deals reached an all-time high, dealmakers said.
Amid a prolonged global economic downturn, a growing number of Korean firms, once used to the pursuit of octopus-style business diversification, are now moving to streamline their business portfolio to concentrate on their flagship businesses through M&A deals.
In 2015, a total of 427 mergers and acquisitions deals worth 77 trillion won ($65.4 billion) were struck here, including tie-ups between leading conglomerates affiliates, such as SK C&C and SK as well as Samsung C&Ts merger with its sister firm Ch…
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