DBS is being advised by JPMorgan.
But it is not alone. KoreaÆs Kookmin Bank, whom Merrill Lynch is advising is also bidding, as is Hana Financial Group, which is being advised by Credit Suisse.
The Lone Star stake is valued at between $4.3 billion to $6 billion, which alone could make it the largest acquisition in South Korea. But that is just the tip of the iceberg. If any of these three banks...
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