All posts tagged Woori Finance

KT, the listed South Korean telco, has no plan to acquire a stake in Woori Finance, the listed South Korean financial firm, Edaily reported, citing vice president Kim

Woori Finance, the listed South Korean financial holding company, has approached POSCO and KT, to offer part of Korea Deposit Insurance Corporation's (KDIC) 57% stake in the company,

The South Korean government will likely sell Kyongnam Bank and Kwangju Bank, the unlisted subsidiaries of Woori Finance, in separate bidding processes, reported the Hankook Ilbo.

The board of directors of Woori Finance is likely to oppose the idea to sell Woori Investment & Securities in a separate bidding process, reported the Asia Economy. The

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

The president of state-run Korea Development Bank (KDB), which is seeking to privatize a controlling stake in Woori Finance, is not in favor of mergers between local banks,

South Korean Hana Financial has raised a total cash reserve of KRW 2tn (USD 1.64bn) which can be used for potential M&A, reported Asia Today. The report, which cited

The nominee for president of KB Financial would consider buying only the non-banking unit of Woori Finance, not the whole group, reported the Seoul Economic Daily. The report cited

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