All posts tagged Hana Financial
Courts may rule on Lone Star-KEB as early as September
Local news media JoongAng Daily has reported that the Seoul High Court is scheduled to hold a final trial on the Lone Star-Korea Exchange Bank (KEB) case on September 8. Courts take anywhere from two weeks to one month to …
Eximbank to sell minor KEB stake
According to Yonhap News, the state-run Export-Import Bank of Korea (Eximbank) said July 23 that it has decided to use its tag-along right to sell its 6.25 percent
Hana Financial and Lone Star agree upon new contract
According to JoongAng Daily, Lone Star Funds has agreed with Hana Financial Group to lower the price for a 51 percent stake in Korea Exchange Bank from 4.689
KDIC receives bids for savings banks packages
The JoongAng Daily has reported that on June 24, the Korea Deposit Insurance Corp. (KDIC) received five bids for the acquisition of the savings bank package containing Jungang
Hana finally grabs small, but significant stake in KEB
After months of delay, Hana Financial Group Inc. has finally seen some progress in its acquisition of Korea Exchange Bank. Maeil Business News has reported that Hana has
Hana Financial and Lone Star agree to delay KEB acquisition
On June 3, local news media reported that Hana Financial Group and Lone Star Funds have been negotiating an agreement to extend the contract for Hana's acquisition of
Holding firms intend to acquire suspended savings banks
Local news media JoongAng Daily reported that several financial holding companies are officially pursuing the seven suspended savings banks. KB Financial Group and Shinhan Financial Group have publicly announced
Liberty Forward Party voices allegations against Lone Star
According to the Korea Herald, Representative Lim Young-ho of the Liberty Forward Party has alleged that Lone Star Funds omitted a significant document when it made a report
Hana moves to extend deadline for KEB buyout
The Korea Herald has reported that Hana Financial Group will decide this week whether or not they will extend the deadline for the KEB purchase from Lone Star
Woori looks to buy more savings banks, wants to move towards Micro-lending
Local news media JoongAng reports that Daily Woori Financial Group stated on March 28 that it plans to acquire one to two more savings banks in order to
