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New Deal


Announced

HYBE completed the acquisition of SM Entertainment for KRW422.8bn.

Financials

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Transaction Value£276m
Consideration TypeCash
Capital Owned-
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium21.8%
One Off Charge-

Sources

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Tags

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Domestic

Acquisition

Single Bidder

Entertainment

South Korea

entertainment company

Friendly

Public

Pending

Minority

Synopsis

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HYBE, a multinational entertainment company that operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house, completed the acquisition of SM Entertainment, an independent record label, talent agency, producer, and publisher of pop music, for ₩422.8bn.

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