A PYMNTS Company

Korea: JPMorgan agrees to end merger talks

By  |  September 20, 2016

Korea Equity Fund said on September 20 that it and JPMorgan’s China Region Fund have agreed to suspend the merger discussions that were announced in July.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The companies said the the talks were suspended based on the mutual conclusion that shareholder approval and the appraisal requirements of the Maryland Business Combination Act created substantial uncertainties concerning the successful merger.

    Korea Equity Fund said it will continue to searching for alternatives to the merger that are in its best interests.

    Full Content: Nasdaq

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.