[Korea goyounghun financial newspaper reporter] promotes KB Securities interim Fused who had stopped to re-integrate former subsidiary of Hyundai, Hyundai Securities Savings Bank sold.
Two days, according to the financial investment industry, KB Securities said it received a LOI to sell out the public bidding announcement of the sale organizers accounting firm EY Hanyoung the end of March to the modern day savings banks.
Modern Savings Bank with the acquisition of KB Financial Group is a 100% subsidiary of Hyundai Securities, Hyundai Securities was the grandson of the former company.
KB Financial betrayed its intention to sell its modern Savings Bank in September last year that duplicates the KB savings banks and businesses. Two savings banks are also operating the same area as Seoul and Gyeonggi Province. But at the time known as Rush & Cash products from Japan, Hong Kong private equity funds such as the Pacific Alliance Group (PAG) it is participating in the end insujeon fears.
In addition, KB Securities is seeking another subsidiary Hyundai Investment Manager is also the sale of Hyundai Securities.
KB Securities official said, "but review the various options with regard to asset management companies operating within the current group strategy Rajin was yet to be finalized," said, "I will decide within the market situation, taking into account a comprehensive synergy effects as soon as possible."
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Thursday, March 2, 2017
KB Securities, a subsidiary savings bank re-sale of modern propulsion
