To rescue ailing companies through restructuring M&As, only the diseased parts need to be precisely operated on.

A former KDB Industry Bank executive reflected on their experience with the sale of Daewoo Shipbuilding & Marine Engineering, also known as Hanwha Ocean, which was initially attempted in 2008 but ultimately concluded in 2022. The 2008 deal fell through due to the global financial crisis, while the 2022 deal involved Hanwha Group investing 2 trillion won in a capital increase to acquire a 49.3% stake.

The executive highlighted the importance of new capital injection in corporate restructuring, citing successful cases such as the turnaround of Pan Ocean and Daehan Shipbuilding. These deals involved strategic investors and private equity firms working together to provide necessary funding and expertise. The executive emphasized that speed and careful planning are crucial in corporate restructuring, and that finding the right balance between stakeholders is key to a successful outcome.