MBK KEB bid status in doubt
MBK Partners' bid for the 51% stake in Korea Exchange Bank owned by Lone Star Funds is in doubt following conflicting reports from Korea, with some media indicating that the buyout firm has failed to put together an acquisition consortium, and others suggesting that discussions are still under way.
MBK was originally said to be in negotiations with other potential consortium partners, including Japan's Nomura Holdings, local pension funds and SWFs, to jointly bid for the asset, valued at at least...
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