9/22/2013

The Woori privatization is expected to top a robust second half of merger-and-acquisition activity in South Korea. "As the scheduled privatization of Woori Finance Holdings is gaining attention, we expect to recoup public fund worth 2 trillion won from sales of Kyongnam Bank and Kwangju Bank, that of 1.5 trillion won from sales of Woori Investment & Securities and that of 6 trillion won from sales of Woori Bank," a government official said.

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