ANZ/KEB due diligence ongoing
Australia and New Zealand Banking Group (ANZ) is continuing its due diligence for the potential purchase of a 57.27% stake in Lone Star Funds investee Korea Exchange Bank.
This runs counter to earlier reports that the bank had completed its assessment of the target and was ready to make a decision on the $3.8 billion deal in the next few weeks. Other reports in August suggested...
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