… regulator said Sunday it would receive preliminary bids for a 6 trillion won ($5.28 billion) controlling stake in Woori Finance Holdings by July 27, after two previous attempts to privatize the group floundered over a lack of bidding interest.
… regulator said Sunday it would receive preliminary bids for a 6 trillion won ($5.28 billion) controlling stake in Woori Finance Holdings by July 27, after two previous attempts to privatise the group floundered over a lack of bidding interest.
… the U.S. economy. Early declines were led by financials. Shinhan Financial Group fell 2.1 percent while Woori Finance Holdings shed 2 percent. The Korea Composite Stock Price Index (KOSPI) was down 1.05 percent at 2,007.81 points …
SEOUL, March 12 (Reuters) - South Korea's top regulator said on Monday it would restart and complete the failed sale of Woori Finance Holdings in the second half of 2012 before a presidential election.
SEOUL, Jan 18 (Reuters) - South Korea's Woori Finance Holdings is not bidding for a controlling stake in Tong Yang Life, a source close to the matter said.
SEOUL, Dec 22 (Reuters) - Woori Finance Holdings Co Ltd is looking into shoring up capital to compete with local peers as its capital adequacy ratio, while above the required level, is lower than other financial groups, a company source said on Thursday.
SEOUL, Dec 2 (Reuters) - Woori Finance Holdings , South Korea's biggest financial services firm by asset, said on Friday it was considerig taking over Tong Yang Life Insurance Co to expand into...
SEOUL (Reuters) - South Korea's debt-ridden Tomato Savings Bank may find a new owner with Shinhan Financial Group Co Ltd and Woori Finance Holdings Co Ltd vying for the suspended institution, which...
SEOUL, Nov 17 (Reuters) - South Korea's Shinhan Financial Group Co Ltd and Woori Finance Holdings Co Ltd are set to participate in final bidding for Tomato Savings Bank, company officials said, expecting a preferred bidder to be picked next week.
SEOUL, Oct 21 (Reuters) - South Korea's Shinhan Financial Group and Woori Finance Holdings have joined preliminary bidding for Tomato Savings Bank, sources with knowledge of the matter said.