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KOOKMIN BANK SAYS OPEN TO RENEGOTIATION ON KEB ACQUISITION.
Publication: AsiaPulse News Publication Date: 28-NOV-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
SEOUL, Nov 28 Asia Pulse - South Korea's top lender Kookmin Bank (KSE:060000), whose plan to acquire Korea Exchange Bank (KEB) (KSE:004940) broke off recently due to Lone Star's rejection, reconfirmed its position Tuesday that there remains room for renegotiation.
"As previously confirmed by our bank president, Kookmin Bank can restart the process for the KEB...
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