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Korea M&A Corporation
Talks on DBS acquisition of Korean bank fall apart
US investment firm Lone Star has stopped talks with Singapore's DBS Group Holdings to sell Korea Exchange Bank, a report said. Lone Star chairman John Grayken did not give the reason for the end of the talks, but told Yonhap the Dallas- based fund would keep looking for a buyer for KEB, despite a legal battle over the 2003 purchase of the bank. South Korean prosecutors said in December the US$1...
News/M&A
2007. 6. 12. 08:28