In this week`s edition of M&Asia, we will discuss a recent M&A happened in South Korea with a business blogger, In Seo Lee. ON 11th January 2016, Kakao Corp, a South Korean mobile messenger provider, unveiled $1.25 billion deal to acquire 76.4% of shares of Loen Entertainment Inc. Loen Entertainment Inc. operates Melon, which is the biggest music streaming service provider in South Korea. In Seo Lee blogged analyzing this M&A and showing concerns with the source of $1.25 billion Kakao Corp is about to pay. Stay in tune to listen more. 

Kakao Corp to acquire Loen Entertainment Inc. for $1.25 billion

Jaerim Hong

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