All posts tagged KDB
KDB Financial inks deal to takeover HSBC units
According to Yonhap News Agency, Korea’s state-run KDB Financial Group has signed a preliminary agreement with British bank HSBC Holdings Plc on the takeover of the latter’s ten local branches.
“Efforts to acquire HSBC branches are going smoothly following the signing …
Korean IPOs on the horizon in 2012
Expect a steady flow of Korean IPOs in 2012, says this article from the Financial Times and dealReporter. Subsidiaries of conglomerates such as Samsung, LG, SK and Lotte Group
KDB acquires RBS unit in Uzbekistan
Maeil Business News has reported that South Korea’s state-run Korea Development Bank (KDB) has successfully acquired the Uzbekistan unit of the Royal Bank of Scotland Group (RBS Uz).
Korean fund buys gas assets from Apache
MarketWatch has reported that a private equity fund led by South Korea's government-owned Korea Development Bank (KDB), and including the country's top oil refiner SK Energy Co., has
KDB looking to acquire HSBC retail banking units
Maeil Business News has reported that state-run KDB Financial Group has been showing interest in taking over HSBC’s retail banking units in Seoul. Although both parties said they
KoFC to create 100 bn won Green Fund
The Korea Finance Corporation (KoFC) has announced plans to begin selecting management firms for its second Green Fund by the end of this year. The selection criteria and
KDB and TStone invest in Daekyung O&T
On August 25, Korea Development Bank (KDB) and TStone announced that they have signed an agreement with Daekyung Oil & Transportation to acquire a 26.3 percent stake in
POSCO-Samsung and CJ battle over Korea Express
According to JoongAng Daily, the POSCO-Samsung SDS consortium submitted its final bid for Korea Express yesterday, officially pitting itself against CJ Group for the 37.6 percent stake sale,
FSC ousts KDB from Woori sale
Several local news media outlets have published headlines stating that the FSC has publically announced that KDB will not be allowed to bid for the 56.97 percent share
KDB Financial may be out of running for Woori acquisition
Maeil Business News has reported that KDB Financial Group, the most viable bidder in the auction for Woori Finance Holdings, is pressing the local government to make a
