CARLYLE SEEKS TO SELL ITS CONTROLLING STAKE IN KORAM BANK. (03-NOV-03) AsiaPulse News

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CARLYLE SEEKS TO SELL ITS CONTROLLING STAKE IN KORAM BANK.

Publication: AsiaPulse News

Publication Date: 03-NOV-03

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SEOUL, Nov 3 Asia Pulse - U.S. investment fund The Carlyle Group is accelerating efforts to sell off its controlling 36.6-percent stake in KorAm Bank (KSE:16830), banking industry sources said Friday.

Carlyle, the biggest shareholder of South Korea's sixth-largest commercial bank, has recently asked half a dozen Korean and...

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