Lone Star wins approval for KEB sale
Embattled buyout firm Lone Star has finally gained approval from the necessary parties for the sale of its 51% stake in Korea Exchange Bank to Hana Financial Group.
South Korea's financial regulators gave the deal the go-ahead on Friday, almost two months after Hana officially agreed to acquire the shareholding for KRW3.92 trillion ($3.5 billion), or KRW1,4900 per...
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