YOON&YANG

“M&A Deal of the Year” at the ALB Korea Law Awards 2023

  • Firm News
  • 2023.11.13

Yoon & Yang won "M&A Deal of the Year"at the ALB (Asian Legal Business) Korea Law Awards 2023 for its advisory service on the sale of Osstem Implant, the world's No. 1 company in implant sales. "M&A Deal of the Year” is given to the most meaningful mergers and acquisitions transaction in South Korea considering various factors such as deal size, impact and complexity. The sale of Osstem Implant was worth KRW 2.23 trillion, and the transaction structure was also complicated, raising interests among the parties and related legal issues.

 

Partners Youngkyun Yun, Ki Man Park, and associate Seong Ju Lee, took the lead in this transaction, and successfully completed the sale of some of the shares issued by Osstem Implant as well as the convertible bonds and the shares of four subsidiaries on behalf of the controlling shareholders. 

 

ALB Korea Law Awards is an award ceremony held annually since 2013 by Asian Legal Business (ALB), a monthly legal magazine in Asia Pacific region affiliated with Thomson Reuters. In 2021, Yoon & Yang also won the ALB Korea Law Awards’ "M&A Deal of the Year" for its advising Korean Air's acquisition of Asiana Airlines.

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