Second time lucky for KEB’s $166m Hana Financial exit

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Second time lucky for KEB’s $166m Hana Financial exit

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A botched attempt to sell all of its holdings in Hana Financial Group on March 5 did not put Korean Exchange Bank off for long, as the lender revisited the equity market a day later. But instead of coming with another public transaction, KEB took home W178bn ($166m) via a private placement.

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