Drawing on our extensive experience across a wide range of M&A transactions, we recently advised on the intra-group merger between DB World and DB Metal, both affiliates of the DB Group.

As the transaction involved affiliated companies within the same large corporate group, the merger was subject to a complex regulatory framework, including the Commercial Act, the Monopoly Regulation and Fair Trade Act, the Financial Investment Services and Capital Markets Act, and various tax laws. The deal required a comprehensive legal review in advance, as well as a detailed plan outlining the merger procedures.

In response, we conducted legal due diligence on the proposed merger structure and identified key legal issues. We advised on every stage of the merger process, including drafting the merger agreement, reporting the business combination, filing registration statements, handling appraisal rights and creditor protection procedures, convening general shareholders’ meetings, advising on public disclosures, and preparing merger registration documents.

Despite the scale and complexity of the transaction, we minimized legal risks and ensured a smooth and successful completion of the merger through thorough legal analysis and precise execution.