JP Morgan has landed its second advisory mandate on a bumper South Korean deal this year as Kumho Asiana, the conglomerate, agreed a 6.4 trillion won (€5.3bn) deal to buy Daewoo Engineering & Construction.

The merger was confirmed in a statement today by Korea Asset Management, the state debt restructuring company, and one of the company's leading creditors.

JP Morgan scoops South Korea advisory crown

Nick Clark

JP Morgan

Daewoo Engineering

Shinhan Financial Group

Citigroup

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