[Legal Times] M&A transactions rebound sharply in the third quarter…number of transactions compared to the previous year increased.

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Due to the shock of the COVID-19 pandemic, M&A transaction volumes in the Korean market, which decreased by nearly 40% compared to the previous year in the first half of this year, rebounded significantly in the third quarter. According to Bloomberg’s tally, the cumulative M&A transaction performance in the Korean market in the third quarter totaled 1,249 deals, amounting to approximately $452 billion, which was 23.7% higher than the same period of the previous year. Although transaction value decreased by more than 40% compared to the same period of the previous year in the first half of the year, it decreased by 2.7% compared to the cumulative third quarter of the previous year based on the cumulative third quarter.

Source: Legal Times article ‘M&A Transactions, Significant Rebound in the Third Quarter…Transaction Volume Increased Compared to the Previous Year’