FinanceAsia Achievement Awards 2000 - Most Innovative Deal

Carlyle''s acquisition of 40.5% of Koram Bank
  • Salomon Smith Barney - Adviser to CarlyleĆ”
  • Goldman Sachs - Adviser to Koram Bank

Innovation grows out of adversity. In Carlyle's case there was quite a lot of adversity. This was a deal that almost died on six occasions and faced enormous opposition from the Korean authorities.

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