Tag Archives: korean-institutions


Lehman Stock Down After Korean Investment Talks End

New York (HedgeCo.Net) – Shares of Lehman Brothers Holdings Inc. plummeted on Tuesday amidst increasing investor concerns over the bank’s ability to raise capital.  The stock dropped 45 percent to $7.79 in early afternoon trading, marking the lowest level in […]

KDB made Lehman offer; HSBC may trump Koreans: report

Washington Post – State-controlled Korea Development Bank (KDB) proposed buying 25 percent of Lehman Brothers (LEH.N) for up to $5.3 billion, a newspaper reported, but other Korean banks rumored to be joining a KDB bid consortium denied they were involved. […]

Lehman in talks with KDB to raise 3.3 billion pounds

Reuters UK – Lehman Brothers has intensified talks with Korea Development Bank to raise as much as $6 billion (3.3 billion pounds) in a share sale that could be concluded this week, the Sunday Telegraph reported. South Korea’s KDB KDB.L […]

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