Hana, Shinsegae blocks keep focus on Korea

KEB raises $321 million from a sell-down in Hana, while IBK exits Shinsegae via an $82 million transaction.

Korea Exchange Bank sold about two-thirds of its stake in Hana Financial Group, raising W340.41 billion ($321 million).

Anette Jönsson

October 23, 2013

Two more block trades were completed in the Korean market on Tuesday after BNP Paribas’ sell-down in Shinhan Financial on Monday.

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