Copying and distributing are prohibited without permission of the publisher.

Watermark

Posco exits Shinhan with W188bn block

seoul px230
By Jonathan Breen
22 Nov 2016

Steel giant Posco has raised W187.7bn ($159.7m) after offloading its entire position in South Korea’s Shinhan Financial Group, at a time when the benchmark Kospi index has fallen 3.1% in the past month.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Jonathan Breen
22 Nov 2016