FSC approves Lone Star’s KEB sale — at last
Korea’s Financial Services Commission has approved the sale of Lone Star’s holding in Korea Exchange Bank. Hana Financial Group was given the nod to buy the 51.02% stake from Lone Star last Friday, following six years of attempts by the US private equity firm to dispose of its stake.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts