All posts tagged Woori Privatization

The South Korean government may delay its sale of a 7-8% stake in Woori Finance until after this May, due to the company's weak share price, reported the

The Abu Dhabi Investment Company (ADIC) is rumored to have  shown interest in buying the South Korean government's holding in Woori Finance, according to the Seoul Economic Daily. The

The privatization of Woori Finance and Jeju Bank - the listed South Korean financial companies - by the Korea Deposit Insurance Corp faces hurdles because of a drop

Woori Investment and Securities (Woori I&S), the listed South Korean brokerage unit, may be sold if parent Woori Finance merges with Hana Financial, the Seoul Finance Daily reported. Woori

Korea Deposit Insurance (KDIC) assessing share buyback, whilst the idea of forming a 'megabank' through a merger with KB and/or Hana financial groups is raised. The Seoul Economic Daily

In an interview with Maeil Business Newspaper, Financial Services Commission (FSC) Chairman Chin Dong-soo, talked about ways to improve the global competitiveness of  South Korean financial institutions and

Hana Financial, is still evaluating a proposed merger with Woori Finance, Money Today reported (Korean), citing Hana CEO Kim Jong-yeol. The report cited Kim as telling a press conference

Kyongnam Bank and Kwangju Bank, the unlisted subsidiaries of Woori Financial, may be put up for sale during the privatization process, reported the Korea Economic Daily. The unsourced report

South Korean KB Financial was mentioned as a merger candidate for the privatisation of peer Woori Finance, reported the Korea Economic Daily here (Korean). The