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Tag Archive: Lone Star

  • HSBC withdraws from Korea Exchange Bank acquisition

    HSBC has withdrawn from its proposed £3.3 billion acquisition of a majority stake in Korea Exchange Bank (KEB). Europe’s largest bank began its negotiations to purchase 51% of KEB from US private equity firm, Lone Star, last autumn. The proposed … Read more »

  • HSBC renegotiates Korean Exchange Bank acquisition

    HSBC is reported to be renegotiating the price of its proposed acquisition of a majority stake in Korea Exchange Bank (KEB), from US private equity firm, Lone Star. Europe’s biggest bank began the lengthy negotiations with Lone Star last year, … Read more »