Yonhap Infomax NewsSouth Korea's KDIC has appointed Samsung Securities and Citigroup Global Markets as lead managers for the sale of a 33.85% stake in Seoul Guarantee Insurance, valued at approximately 1.27 trillion won ($930 million), as part of ongoing efforts to recover public funds injected after the 1997 Asian financial crisis.
#YonhapInfomax
#SeoulGuaranteeInsurance #KDIC #StakeSale #SamsungSecurities #Citigroup
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83189
#YonhapInfomax
#SeoulGuaranteeInsurance #KDIC #StakeSale #SamsungSecurities #Citigroup
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83189
Samsung Securities, Citi Appointed as Lead Managers for Sale of 33.85% Stake in Seoul Guarantee Insurance Worth 1 Trillion Won
South Korea's KDIC has appointed Samsung Securities and Citigroup Global Markets as lead managers for the sale of a 33.85% stake in Seoul Guarantee Insurance, valued at approximately 1.27 trillion won ($930 million), as part of ongoing efforts to recover public funds injected after the 1997 Asian financial crisis.