All posts tagged Lone Star
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 activists and opposition parties for a public sale of Lone Star’s stake.
The …
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
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,
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
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
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
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
