All posts tagged Lone Star
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 agreed to purchase an initial 5.62 percent stake in KEB from the …
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
FSC could mandate Lone Star to sell KEB shares
The Korea Herald reported that Lone Star Funds could be ordered to sell most of its controlling stake in Korea Exchange Bank (KEB) under a punitive action. An
Hana Financial’s acquisition of KEB further delayed
On April 25, Local news media JoongAng daily reported that financial regulators have not yet been able to decide whether or not Lone Star Funds is a legitimate
Lone Star gets big KEB dividend
An article in JoongAng Daily reported that Korea Exchange Bank paid out a cash dividend of KRW 850 (USD 0.77) per share to controlling shareholder Lone Star Funds. In
Hana Financial to issue shares to fund KEB acquisition
South Korean Hana Financial Group announced yesterday it will issue 34,114,000 ordinary shares to be privately allotted to 36 investors. The total new shares represent 16.1% of existing
Timeline for Hana Financial’s acquisition of KEB
Hana Financial, the listed South Korean financial firm, is likely to receive regulatory approval by the end of March for the acquisition of a stake in Korea Exchange
Hana Financial shortlists six bidders in stake sale
South Korean Hana Financial Group has shortlisted six potential buyers in its planned USD 1bn equity stake sale, reported Money Today. The report cited industry sources in reporting
