Lone Star in talks with several to sell KEB: paper

(Reuters) - Lone Star sold on Friday a 13.6 percent stake in KEB and two South Korean firms for a total of $2.3 billion.




The fund scrapped a $7.3 billion deal last year to sell KEB to Kookmin Bank amid a legal dispute with regulators over its $1.2 billion purchase of a majority of KEB in 2003.


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Lone Star offers 11.3 pct of S.Korea's KEB: sources

(Reuters) - Lone Star saw its $7.3 billion agreement to sell KEB to the country's biggest lender, Kookmin Bank , aborted in November last year due to a legal dispute over its $1.2 billion purchase of KEB in 2003.




The Dallas-based fund is offering 73.09 million shares in KEB, or an 11.3 percent stake, at between 13,150 won and 13,750 won per share, said a source, who declined to be named.


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