All posts tagged KDB
Korea Development Bank postpones DSME sale
The state-run Korea Development Bank (KDB) will likely postpone the sale of South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) until the end of 2010, due to unfavorable industry conditions.
KDB inviting financial investors for acquisition of Daewoo E&C
On May 9, the state-owned Korea Development Bank (KDB) announced it will set up a private equity fund this month to complete the takeover of Daewoo E&C, the
Shinhan, Hana, KDB unlikely to make play for Korea Exchange Bank
South Korean financial firms Shinhan and Hana, and the state-run Korea Development Bank are unlikely to make an acquisition play for Lone Star's 51% stake in Korea
Dongkuk withdraws from Daewoo E&C acquisition
Dongkuk Steel Mill, the listed Korean steelmaker, has withdrawn their plan to participate in the acquisition of Daewoo Engineering & Construction (Daewoo E&C), reported Maeil Business. "With no takeover
Daewoo E&C Update: KDB lining up financial investors
Korea Development Bank (KDB) will likely line up investors in April, for its anticipated acquisition of Daewoo Engineering and Construction (Daewoo E&C), reported Yonhap News. The report cited an
KDB to finish talks with Daewoo E&C put-back option holders today
Kumho Asiana's restructuring process should speed up after negotiations between Korea Development Bank (KDB) and holders of put-back options in Daewoo E&C are finalized. According to a report in
KDB revises offer to holders of Daewoo E&C put-back options
Korea Development Bank (KDB) has made a revised offer to holders of put-back options in Daewoo E&C, reported Money Today. The report cited information from KDB, the main creditor
Daewoo E&C Update: Acquisition to gain pace as FIs agree to put back option price
KDB's acquisition process for Daewoo E&C is expected to speed up, as they have received agreements from 15 financial investors out of 16 over the put back option price,
Daewoo E&C Update: TR America to “show them the money”
TR America Consortium will submit a deposit for acquisition talks over Daewoo Engineering and Construction (Daewoo E&C), reported Money Today. The report cited Chairman of the consortium, Moon
KDB extends deadline for Daewoo E&C FIs to submit put back option agreements
Korea Development Bank (KDB) has extended the deadline for financial investors in Daewoo Engineering and Construction (Daewoo E&C) to submit agreements over their put back option to 28
