Monday, June 25, 2007

UPDATE 1-S.Korea pension fund denies interest in buying KEB

(Reuters) - SEOUL, June 26 - South Korea's national pension
fund denied on Tuesday a report that it was seeking to form a
consortium to buy Korea Exchange Bank from U.S.
private equity fund Lone Star [LS.UL].




But the fund said that KEB could be an alternative investment
target to boost returns but that it has not yet considered a
purchase of the bank.


Read more at Reuters.com Mergers News

No comments: