DBS finally gives up on Lone Star’s $6.5bn stake in KEB

13 Jun 2007

DBS has abandoned its second attempt to buy Lone Star’s $6.5bn stake in Korea Exchange Bank, after 18 months of negotiations.

The bank said that it was pulling out "due to the uncertainties in the market surrounding the local issues that have been going on for over a year", ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial