Fewer Listed Firms Seek M&As in H1: Data | Be Korea-savvy

Fewer Listed Firms Seek M&As in H1: Data


The financial district of Yeouido in Seoul. (Yonhap)

The financial district of Yeouido in Seoul. (Yonhap)

SEOUL, July 21 (Korea Bizwire)The number of South Korean listed firms that merged with or acquired business entities fell on-year in the first half of 2023, data showed Friday.

A total of 47 South Korean companies either wrapped up or have been working on corporate mergers and acquisitions (M&As) during the first six months of the year, down 7.8 percent from the previous year, according to the data by the Korea Securities Depository.

Of them, 14 are listed on the main KOSPI bourse and the remainder on the secondary KOSDAQ, the data showed.

(Yonhap)

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