(Reuters) - DBS hinted at legal issues to explain why it walked away from KEB, one of the few remaining targets for foreign investors seeking growth in South Korea's banking sector.
U.S. private equity firm Lone Star is facing a legal battle over its 2003 purchase of KEB, which has delayed the sale of the bank. Lone Star has a 64.62 percent stake in KEB, which is valued by the market at $10 billion.
Read more at Reuters.com Mergers News
U.S. private equity firm Lone Star is facing a legal battle over its 2003 purchase of KEB, which has delayed the sale of the bank. Lone Star has a 64.62 percent stake in KEB, which is valued by the market at $10 billion.
Read more at Reuters.com Mergers News
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