All posts tagged KEB
KEXIM set to sell KEB stake to Hana
Reuters has reported that Korea’s Export-Import Bank of Korea (KEXIM) is planning to sell a $414 mn, 6.25 percent stake in Korea Exchange Bank under the same terms as U.S. private equity fund Lone Star’s 11,900 won per share sale …
Lone Star ordered to sell stake in Korea Exchange Bank
South Korea's financial regulator Friday November 18 ordered US private equity fund Lone Star to sell its stake in Korea Exchange Bank within six months, rejecting requests from
Hynix shareholders extend bid deadline to Nov. 10
Reuters had reported that the shareholders of Hynix Semiconductor have again extended the deadline for bids for the 3.2 trillion won ($2.8 billion) stake sale. The creditors-turned-shareholders have
Regulators to give Lone Star orders on Oct. 25
Bloomberg has reported that the South Korean Financial Services Commission (FSC) plans to issue Lone Star Funds an order on October 25, giving the private equity fund a
Seoul High Court gives verdict on Lone Star
Maeil Business News has reported that the Seoul High Court has found Lone Star Funds guilty of stock price manipulation of Korea Exchange Bank (KEB). Paul Yoo, the
Hynix shareholders continuing sale, allowing new bidders
According to Reuters, despite the fact that there is only one remaining bidder, the shareholders of Hynix Semiconductor said on September 20 that they will be proceeding with
STX pulls out of Hynix sale
After seven weeks of due diligence, STX Group announced on September 19 that it has decided to withdraw its bid to buy a 15 percent stake in Hynix
Seoul High Court to rule on Lone Star October 6
Reuters has reported that the Seoul High Court Judge Cho Kyung-ran said on September 8 that the court will give its final ruling on the stock price manipulation
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
Woori sale set to fall through due to lack of bids
Various news sources have reported that by the August 17 deadline, only one bid had been submitted for the purchase of the government-owned Woori Financial Holdings. The bidder,
