Nomura may partner MBK on KEB as StanChart withdraws
Leading Japanese brokerage and financial group Nomura Holdings is discussing a partnership with regional buyout firm MBK Partners to make a joint bid for Lone Star Funds’ 51.5% stake in Korea Exchange Bank, expected to go for $3.5-4 billion.
This follows earlier comments by strategic peer Standard Chartered Bank that it will not be pursuing a bid for KEB. Nomura is apparently considering several options in a potential bid for the KEB stake,...
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