Hana Financial takes over KEB for W4.68tr
2010-11-26
Hana Financial Group chairman Kim Seung-yu signed a contract to take over Korea Exchange Bank from U.S.-based Lone Star Funds in London on Thursday.
The financial group said it will acquire a 51.02 percent stake in KEB for 4.68 trillion won ($4.17 billion) after going through regulatory endorsement by early next March.
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http://www.koreaherald.com/business/Detail.jsp?newsMLId=20101125000939
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