Saturday, June 9, 2007

Lone Star halts talks with DBS on KEB sale: report

(Reuters) - South Korean prosecutors said in December that the $1.2 billion acquisition was illegal because of flaws in the sale process.




Grayken said in translated Korean that DBS had approached Lone Star after talks for a $7.3 billion sale of KEB to top South Korean lender Kookmin Bank were terminated in November.


Read more at Reuters.com Business News

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