HSBC faces hurdles in KEB bid: a deal would test Korea on openness to foreigners and set stage for rivalry
Article Abstract:
HSBC Holdings PLC is in talks with US investment company Lone Star Funds to purchase its majority stake in Korea Exchange Bank, currently valued at $8.8 bil. The acquisition would be required to go through Korean regulatory processes; potential rivals for KEB include Citigroup Inc. and Standard Chartered PLC.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Fimalac bids for Les Echos and gets support of staff opposing LVMH deal
Article Abstract:
France's Fimalac S.A. has offered $338 mil to buy financial daily Les Echos from Pearson PLC, besting a bid by luxury goods firm LVMH Moet Hennessy Louis Vuitton S.A. Journalists at Les Echos oppose a LVMH deal and support Fimalac's offer.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
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