M&A Deal Summary

Hyundai Communications & Network Acquires HCN Chungbuk Cable Systems Co.

On September 5, 2005, Hyundai Communications & Network acquired media company HCN Chungbuk Cable Systems Co.

Acquisition Highlights
  • This is Hyundai Communications & Network’s 1st transaction in the Media sector.
  • This is Hyundai Communications & Network’s 1st transaction in South Korea.

M&A Deal Summary

Date 2005-09-05
Target HCN Chungbuk Cable Systems Co.
Sector Media
Buyer(s) Hyundai Communications & Network
Deal Type Add-on Acquisition

Target

HCN Chungbuk Cable Systems Co.

Cheongju, South Korea
HCN Chungbuk Cable Systems Co., Ltd. is a provider of cable television services.

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Buyer(S) 1

Buyer

Hyundai Communications & Network

Seoul, South Korea

Category Company
Founded 1995
Sector Communications
Revenue 215.8B KRW (2024)
DESCRIPTION

Hyundai Communications & Network offers digital media construction services that provides contents, including information, entertainment, and advertisements through LEDs installed in public and commercial spaces. Hyundai HCN was founded in 1995 and is based in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2005 M&A 1 of 1