All posts tagged Korea Exchange Bank
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 pushed the deadline to November 10 in hopes to attract another bidder …
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
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
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
Creditors may sell Daewoo Elec. to Electrolux AB
Various news sources have reported that the creditors of Daewoo Electronics may be looking for a new buyer for their collective 97.5 percent stake. According to the Korea
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
Korean SMEs hit hard by Japan turmoil
The powerful 9.0-magnitude earthquake and ensuing tsunami that devastated the northeastern coastal areas of Japan last Friday left more than 10,000 people dead or injured. Fears of radiation leaks
KRX Approves Hana Listing
The Korea Herald reports that Korea Exchange has granted Hana Financial Group Inc.‘s request to list its new shares on the local bourse; a move that is expected
Hana Financial signs agreement to acquire Korea Exchange Bank
South Korean Hana Financial Group announced November 25 that it has signed a stock purchase agreement with Lone Star to buy the latter's 51.02% stake in Korea
Hana Financial prefers KEB over Woori Finance
Hana Financial, the listed South Korean financial holding company, is more likely to buy a stake in Korea Exchange Bank (KEB) than to bid for a stake in Woori
