Saturday 04 Feb 2012

All posts tagged KDB

KDB refutes rumors of merger with Woori

According to Maeil Business News, a high-ranking official of Korea Development Bank (KDB) Financial Group has announced that, if they win the majority stake in Woori Finance Holdings, they will not merge the two companies.
KDB is one of South Korea’s …

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Regulators act to ease restrictions for Woori Finance sale

According to Yonhap News, financial regulators announced on May 30 that they are trying to get regulatory revision to allow financial holding companies to buy a controlling stake

Korea Express sale on track for September

MK Business news reported that the creditors of Korea Express Co., led by Korea Development Bank (KDB), have agreed to sell the logistic company’s three affiliates separately from

KDB potential bidder for Woori Financial Group

KDB Financial Group declared that it will take part in the bidding competition to acuiqre Woori Financial Group. "KDB Financial Group submitted a document for the bidding to the

Merger may trigger consolidation in Korea’s IB industry

Bloomberg has reported that South Korea’s Financial Services Commission is considering merging Daewoo Securities Co. and Woori Investment & Securities Co., a move which could trigger widespread consolidation

Korea Delphi shareholders select bidder shortlist

All of the parties that have submitted their intention for the acquisition of the Korea Delphi stake have been selected for the short list and are now qualified

First South Korea Renminbi Fund Established

The first renminbi-denominated fund established by South Korea financial institutions opened, PE Daily reported. According to the report - KTB and Korea Development Bank jointly held the opening ceremony for

KDB to resume sale of DSME after sale of Korea Express

Korea Development Bank (KDB) will resume the sale of a stake in Daewoo Shipbuilding & Marine Engineering (DSME) once it completes sale of a stake in Korea Express,

KDB signs agreement to purchase Daewoo E&C stake

State-run Korea Development Bank (KDB) has signed a stock purchase agreement to buy a 37.16% stake in Daewoo Engineering & Construction (E&C) yesterday. Daewoo E&C is a listed, South

KDB likely to further reduce Daewoo E&C acquisition stake

Korea Development Bank (KDB) will likely reduce the stake it wants to buy in Daewoo Engineering & Construction, by another 5%, to 40%, reported the Korea Economic Daily. The

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