All posts tagged KEB
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 stake in Korea Exchange Bank (KEB). An Eximbank official said this decision was …
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
Hyundai Heavy withdraws intent to bid for Hynix
Yonhap News has reported that Hyundai Heavy Industries Co., the world's leading shipbuilder, announced on July 6 that it will not bid for Hynix Semiconductor Inc. Hyundai Heavy
Hana-Lone Star’s KEB deal to get 6 month extension
Several sources have reported that Hana Financial Group Inc. said on July 5 that it will reach an agreement with Lone Star Funds to extend the deadline to
Analysts optimistic as creditors announce 3rd Hynix sale
Reuters has reported that the creditors of Hynix Semiconductor, including Korea Finance Corp (KoFC), Shinhan Bank, Woori Bank and Korea Exchange Bank (KEB), have announced their third attempt
Hana resolute to continue talks with Lone Star
Bloomberg has reported that last week, Hana Financial Group’s stocks fell 4.9 percent to 35,300 won, their lowest close since November 2010. Hana’s shares have been falling as
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
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
