All posts tagged Korea Financial Privitization
Privatization of IBK to resume soon
The South Korean government plans to resume the privatization of Industrial Bank of Korea and Korea Development Bank soon, the Seoul Economic Daily reported.
The report cited information released by the Ministry of Strategy and Finance in reporting that the government …
Government delays Woori Finance sale announcement
The South Korean government has confirmed that it has delayed the sale announcement for Woori Finance, the listed South Korean financial firm, until after mid-July, E-Daily reported on
Korean ‘mega-bank’ debate reopens
The soon to be appointed new head of KB Financial, has reignited speculation on the government's plan to create a Korean 'mega-bank', at a time when other global
Government could sell subsidiaries separately in Woori privatization
The South Korean government is reportedly planning to identify which subsidiaries it will sell separately from its stake in Woori Finance and which will be included in the privatization. A
KDB to be privatized after Woori Finance
The South Korean government is planning to begin the process to privatize state-run Korea Development Bank after it sets up guidelines to privatize Woori Finance, reported
Government considering splitting Woori Finance stake
The South Korean government is considering splitting its stake in listed Woori Finance into small pieces in order to sell them separately, reported Yonhap News. The report cited a
KDIC sells a 9% stake in Woori Finance
Korea Deposit Insurance (KDIC) has sold a 9% stake in Woori Finance, the listed South Korean financial firm, to institutional investors via block sale yesterday, reported Yonhap News. The report
Woori Privatization Update: Stake sale delayed by weak share price
The South Korean government may delay its sale of a 7-8% stake in Woori Finance until after this May, due to the company's weak share price, reported the
Woori Privatization Update: ADIC rumored to be interested
The Abu Dhabi Investment Company (ADIC) is rumored to have shown interest in buying the South Korean government's holding in Woori Finance, according to the Seoul Economic Daily. The
Industrial Bank of Korea: Government plans stake sale
The South Korean government plans to raise KRW 1.27tn (USD 1.11bn) by selling part of its stake in the Industrial Bank of Korea (IBK), reported Edaily. The unsourced report
