ID :
150785
Tue, 11/23/2010 - 09:47
Auther :

Hana Financial decides to buy KEB from Lone Star Funds

SEOUL, Nov. 23 (Yonhap) -- Hana Financial Group Inc. decided Tuesday to take over a controlling stake in Korea Exchange Bank from U.S.-based Lone Star Funds, the group said.
The banking group will pay about 4.7 trillion won (US$4.1 billion) for the 51.02 percent interest in the fifth-largest lender in the country, it said.

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