All posts tagged "KEB"

  • (Korea Times file)
    $4.68B Lone star versus Korea hearing begins in Washington DC

    WASHINGTON, May 15 (Yonhap) — An international tribunal began hearing a multi-billion dollar case Friday that the U.S. private equity firm Lone Star filed against South Korea’s government over tax and other disputes surrounding its asset sell-offs...

    • Posted May 15, 2015
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  • Currency traders pass by screens showing the Korea Composite Stock Price Index (KOSPI) and foreign exchange rate, right, at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Friday, Jan. 9, 2015. Asian stocks extended gains Friday after other global markets bounced back from a rocky start to the year and oil prices stabilized after dramatic plunges. The Korea Composite Stock Price Index rose 1.05 percent, or 20.05, to close at 1,924.70. (AP Photo/Ahn Young-joon)
    Seoul court orders stop to Hana-KEB merger process

    SEOUL (Yonhap) — A Seoul court on Wednesday ordered a suspension of merger moves between two local banks, siding in part with one of the bank’s unions which accused the other of violating a promise not to...

    • Posted February 4, 2015
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  • Lone Star
    Civic groups urge probe into KEB-Lone Star damages deal

    SEOUL (Yonhap) — Local civic groups said Tuesday they have asked the financial regulator to look into allegations that Korea Exchange Bank (KEB), South Korea’s fifth-largest bank, paid the majority of damages its American stakeholder was ordered...

    • Posted February 3, 2015
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  • Lone Star wins $117 million tax refund case in Seoul court

    (Yonhap) — A Seoul court ruled Friday that the state tax office refund Lone Star Funds 119 billion won (US$117 million) in taxes collected from the U.S. buyout fund in its sale of a stake in Korea...

    • Posted June 13, 2014
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