Banks line up for Woori sales

The phased privatisation of parts of the South Korean group, including regional banks and a securities arm, has investment banks signing up to provide advice.
Next year should see the sale of Woori Bank, along with whatever small businesses are not already sold
Next year should see the sale of Woori Bank, along with whatever small businesses are not already sold

South Korea’s M&A market, after a sluggish year, is generating plenty of work for investment banks as the government seeks to privatise Woori Finance Holdings in stages.

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