M&A Team Advises Samsung Mobile Display on KRW 30 Billion Equity Investment in SNU Precision

2010.12.13.

Yulchon's M&A Team advised Samsung Mobile Display on its strategic investment in SNU Precision, a KOSDAQ-listed company that manufactures display devices, semiconductors and solar photovoltaic equipment, by acquiring KRW 15 billion in new shares and KRW 15 billion in convertible bonds. This deal represents Samsung Mobile Display's first equity investment in its subcontractors and is intended to help build a stable business relationship between Samsung Mobile Display and SNU Precision. Partner Sung Wook Eun led Yulchon's advisory team, which included associates Su Yeon Lee and Dai Won Chung.