M&A Deal Summary

SK Telecom Acquires Hanaro Telecom

On December 3, 2007, SK Telecom acquired communications company Hanaro Telecom from TPG for 1.2B USD

Acquisition Highlights
  • This is SK Telecom’s 4th transaction in the Communications sector.
  • This is SK Telecom’s largest (disclosed) transaction.
  • This is SK Telecom’s 3rd transaction in South Korea.

M&A Deal Summary
Date 2007-12-03
Target Hanaro Telecom
Sector Communications
Buyer(s) SK Telecom
Sellers(s) TPG
Deal Type Add-on Acquisition
Deal Value 1.2B USD

Target

Hanaro Telecom

South Korea
Hanaro Telecom provides telecommunications services and offers broadband Internet access, voice, leased line and IDC services in Korea. Hanaro's voice service comprises local, domestic long distance, international long distance and VoIP services.

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Buyer(S) 1

Buyer

SK Telecom

Seoul, South Korea

website

Category Company
Founded 1984
Sector Communications
Revenue 16,748.6B KRW (2021)
DESCRIPTION

SK Telecom is a provider of wireless telecommunications services in Korea. SK Telecom was founded in 1984 and is based in Seoul, South Korea.

DEAL STATS #
Overall 7 of 11
Sector (Communications) 4 of 4
Type (Add-on Acquisition) 2 of 5
Country (South Korea) 3 of 5
Year (2007) 2 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-02 Helio

Los Angeles, California, United States

Helio LLC provides wireless communication services in the United States. The company offers wireless services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-27 Helio

Los Angeles, California, United States

Helio LLC provides wireless communication services in the United States. The company offers wireless services.

Sell -

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.

DEAL STATS #
Overall 48 of 245
Sector (Communications) 7 of 14
Type (Add-on Acquisition) 19 of 89
Country (South Korea) 1 of 1
Year (2007) 9 of 10
Size (of disclosed) 36 of 71
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-29 Axcan Pharmaceuticals

Mont-Saint-Hilaire, Quebec, Canada

Specialty pharmaceutical company focused on development and commercialization of drugs for diseases of the digestive system.

Buy $1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-21 IQVIA

Durham, North Carolina, United States

IQVIA is a provider of advanced analytics, technology solutions, and contract research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. IQVIA was founded in 2016 and is based in Durham, North Carolina.

Sell $3.0B
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