HSBC wants to buy a 51% stake in KEB

AFP Tuesday April 29, 11:02 AM
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A pedestrian walks past the Korea Exchange Bank in Seoul. Global banking giant HSBC has said it has extended by three months the deadline for completion of a six-billion-dollar deal to buy the South Korean bank from US fund Lone Star. A pedestrian walks past the Korea Exchange Bank in Seoul. Global banking giant HSBC has said it has extended by three months the deadline for completion of a six-billion-dollar deal to buy the South Korean bank from US fund Lone Star.

AFP