Saturday 04 Feb 2012

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 …

Continue Reading...

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

Powered by WordPress | Deadline Theme : An AWESEM design