Shinhan Financial Group Co., Ltd. Mergers and Acquisitions


Shinhan Financial Group Co., Ltd.

120 Taepyeongro 2-ga Junggu
Seoul
100-102
South Korea
Tel:82 2 6360 3000
URL: http://www.shinhangroup.com
Primary Symbol & Exchange:
055550 - Ordinary Shares - Korea
Other Symbol & Exchange:
SHG - ADR - New York Stock Exchange
Industry:
Banking
Shinhan Financial Group Co., Ltd. Company Snapshot

Shinhan Financial Group Co., Ltd. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Shinhan Financial Group Co., Ltd. M&A History


Gie BNP Paribas Assurance acquires a minority stake in SH&C Life Insurance Co Ltd from Shinhan Financial Group Ltd Gie BNP Paribas Assurance acquires a minority stake in  SH&C Life Insurance Co Ltd from Shinhan Financial Group LtdJun 26, 2009

SOUTH KOREA - Gie BNP Paribas Assurance of France, a wholly- owned subsidiary of BNP Paribas SA (BNP) acquired a ##% stake, in SH&C Life Insurance Co Ltd, a ##:## joint venture between Shinhan Group and Cardif SA, a

Good Morning Shinhan Sec Co acquires a minority stake in Kaznergy Good Morning Shinhan Sec Co acquires a minority stake in KaznergySep 25, 2008

SOUTH KOREA - Good Morning Shinhan Securities Co Ltd, a majority-owned unit of Shinhan Financial Group Ltd, acquired a ##.#% stake in Kaznergy, an oil and gas exploration and production company, from CUL # Inc, for # bil Korean

SH Asset Mgmt Co Ltd acquires Shinhan-BNP Paribas Invest from Shinhan Financial Group Ltd (pending) SH Asset Mgmt Co Ltd acquires Shinhan-BNP Paribas Invest from Shinhan Financial Group Ltd (pending)Aug 13, 2008

SOUTH KOREA - SH Asset Management Co Ltd, a wholly-owned unit of Shinhan Financial Group Ltd 's (SF) wholly-owned Shinhan Bank unit, agreed to merge with Shinhan-BNP Paribas Investment Trust Management Co, an investment management services provider and

Shigo Asia AG acquires Linyi Grene Industry & Trading Shigo Asia AG acquires Linyi Grene Industry & TradingJun 11, 2008

CHINA - Shigo Asia AG acquired Linyi Grene Industry & Trading Co Ltd, a blanket manufacturer.

Shinhan Capital Co Ltd acquires a minority stake in Clemont Finance Indonesia PT (pending) Shinhan Capital Co Ltd acquires a minority stake in Clemont Finance Indonesia PT (pending)Jun 11, 2008

INDONESIA - Shinhan Capital Co Ltd planned to acquire a ##% stake in Clemont Finance Indonesia PT, a lending services provider, for ##.### bil Indonesian rupiahs (#.### bil Korean won/$# mil US) in cash.

Shinhan Bank acquires a minority stake in Heshbon Co Ltd Shinhan Bank acquires a minority stake in Heshbon Co LtdJun 10, 2008

SOUTH KOREA - Shinhan Bank, a wholly-owned unit of Shinhan Financial Group Ltd, aacquired an #.##% stake, or #.### mil ordinary shares, in Heshbon Co Ltd, an automotive equipment manufacturer, for #,### Korean won ($#.### US

Shinhan Bank acquires Asset Info Tech & Svcs Shinhan Bank acquires Asset Info Tech & SvcsMay 29, 2008

SOUTH KOREA - Shinhan Bank acquired a ##.##% interest in Asset Information Technology & Services (AI), an information technology services provider, for ##.# bil Korean won ($##.## mil US) in cash. Originally, in February, AI announced that it was

Shinhan Bank acquires Financial Std Commercial Bank (pending) Shinhan Bank acquires Financial Std Commercial Bank (pending)May 06, 2008

RUSSIA - Shinhan Bank of South Korea, a wholly-owned unit of Shinhan Financial Group Ltd, agreed to acquire Financial Standard Commercial Bank, a Moscow-based commercial bank. Terms were not disclosed.

Shinhan Bank America,NY acquires North Atlanta Natl Bk,Georgia Shinhan Bank America,NY acquires North Atlanta Natl Bk,GeorgiaNov 30, 2007

US - Shinhan Bank America, New York, New York, a unit of Shinhan Financial Group Co Ltd's Shinhan Bank subsidiary, acquired all the outstanding stock of North Atlanta National Bank, Alpharetta, Georgia (NA), for an estimated $## mil. The transaction

Good Morning Shinhan Sec Co acquires a minority stake in BNI Securities PT from Indonesia Republic (pending) Good Morning Shinhan Sec Co acquires a minority stake in BNI Securities PT from Indonesia Republic (pending)Oct 02, 2007

INDONESIA - Good Morning Shinhan securities Co Ltd, a wholly-owned unit of Shinhan Financial Group Ltd, planned to acquire a ##% stake in BNI Securities, a securities brokerage firm, and a wholly-owned unit of Indonesian state-owned Bank Negara

Shinhan Private Equity Inc acquires a minority stake in CJ GLS Inc from CJ Corp Shinhan Private Equity Inc acquires a minority stake in  CJ GLS Inc from CJ CorpJul 24, 2007

SOUTH KOREA - Shinhan Private Equity Inc, a wholly-owned unit of Shinhan Financial Group Ltd, acquired #.### mil new common shares or ##.##% stake in CJ GLS Inc, a logistics services provider, and a majority-owned unit of

Shinhan Financial Group Ltd intends to purchase remaining interest in LG Card Co Ltd Shinhan Financial Group Ltd intends to purchase remaining interest in  LG Card Co LtdMay 28, 2007

SOUTH KOREA - Shinhan Financial Group Ltd (SF) planned to launch a tender offer to acquire the remaining ##.#% stake, or ##.### mil ordinary shares, which it did not already own, in LG Card Co Ltd (LG), a credit

Shinhan Financial Group Ltd acquires LG Card Co Ltd Shinhan Financial Group Ltd acquires LG Card Co LtdMar 23, 2007

SOUTH KOREA - Shinhan Financial Group Co Ltd (SF) raised its interest to ##.#% from #.#%, by acquiring a ##.#% interest, or ##.## mil ordinary shares, in LG Card Co Ltd (LC), a credit card services provider

Shinyoung Securities Co Ltd acquires a minority stake in Shinhan Financial Group Ltd Shinyoung Securities Co Ltd acquires a minority stake in Shinhan Financial Group LtdJan 24, 2007

SOUTH KOREA - Shinyoung Securities Co Ltd acquired a #.##% stake in Shinhan Financial Group Co Ltd, a provider of financial services for ######.## mil Korean won($ ###.### mil US) in cash.

Shinhan Financial Group Ltd seeking buyer for minority stake Shinhan Financial Group Ltd seeking buyer for minority stakeJan 19, 2007

SOUTH KOREA - In January ####, Korea Deposit Insurance Corp announced that it was seeking a buyer for its #.##% stake or ##.## mil ordinary shares in Shinhan Financial Group Ltd, a financial services provider.

Shinhan Bank America,NY acquires Provident Bank,NJ-Branch Off from Provident Finl Svcs Inc Shinhan Bank America,NY acquires Provident Bank,NJ-Branch Off from Provident Finl Svcs IncDec 08, 2006

US - Shinhan Bank America, a unit of Shinhan Financial Group Co Ltd's Shinhan Bank subsidiary, acquired the branch office, located in Oradell, New Jersey, of Provident Bank, Jersey City, New Jersey, from Provident Financial Services Inc, Jersey City, New Jersey.

BNP Paribas SA acquires a minority stake in Shinhan Financial Group Ltd BNP Paribas SA acquires a minority stake in Shinhan Financial Group LtdApr 11, 2006

SOUTH KOREA - BNP Paribas SA raised its stake to #.##% from #.##%, by further acquiring a #.#% stake, or ##.## mil shares, in Shinhan Financial Group Co Ltd, a financial services provider, for ### bil Korean

Shinhan Financial Group Ltd acquires Shinhan Life Insurance Co Ltd Shinhan Financial Group Ltd acquires Shinhan Life Insurance Co LtdDec 13, 2005

SOUTH KOREA - Shinhan Financial Group Co Ltd (SF) acquired the entire share capital of Shinhan Life Insurance Co Ltd (SL), in exchange for ##.### mil new ordinary shares valued at ###.### bil Korean won ($###.### mil US

Rumor dispelled that Seeking Buyer was planning acquisition of Jeju Bank Rumor dispelled that Seeking Buyer was planning acquisition of  Jeju BankAug 02, 2005

SOUTH KOREA - In August ####, Shinhan Financial Group Ltd discontinued rumor that it was seeking a buyer for its ##.#% interest in Jeju Bank.

Shinhan Financial Group Ltd acquires remaining interest in Good Morning Shinhan Sec Co Shinhan Financial Group Ltd acquires remaining interest in Good Morning Shinhan Sec CoDec 23, 2004

SOUTH KOREA - Shinhan Financial Group Co Ltd (SF) acquired the remaining ##.##% stake, or ##.### mil ordinary shares and #.### mil preferred shares, which it did not already own, in Good Morning Shinhan Securities Co Ltd (GM

Shinhan Financial Group Co., Ltd. M&A Summary


Shinhan Financial Group Co., Ltd. has made 6 acquisitions while taking stakes in 10 companies. Shinhan Financial Group Co., Ltd. has 11 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009001
2008130
2007121
2006101
2005100
2004213
2003030
2002012
2001002
2000000
1999000
1998001
Total61011

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