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KEB-HSBC/
RTR221PT
September 19, 2008
People walk past a branch office of the Kookmin Bank in the central Seoul September 19, 2008. HSBC said...
Seoul, South Korea
People walk past a branch office of the Kookmin Bank in the central Seoul
People walk past a branch office of the Kookmin Bank in the central Seoul September 19, 2008. HSBC said on Friday it had dropped its $6.3 billion offer to buy 51 percent of the Korea Exchange Bank (KEB) from U.S. private equity firm Lone Star, the largest fallout of the ongoing financial market turmoil. South Korea's No.1 bank Kookmin Bank, whose 2006 deal to buy a bigger stake of KEB for $7.3 billion was scrapped by Lone Star, said it was "closely monitoring with interest" the situation. REUTERS/Jo Yong-Hak (SOUTH KOREA)
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