Thursday, June 21, 2007

UPDATE 1-Lone Star sells KEB stake for $1.28 bln-source

(Reuters) - Lone Star sold 87.7 million shares in South Korea's No. 5
bank at 13,600 won per share, a 6.8 percent discount to its
closing price on Thursday, said the source, who declined to be
named.




The offer was increased from the initially planned 73.1
million shares, the source said, with demand far exceeding
availability.


Read more at Reuters.com Mergers News

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