KB Financial, Insurance & Capital, a wholly owned subsidiary strengthening the promotion

The [Korea Seo Hye Rin nine financial newspaper reporter] KB Financial KB The surge in non-life insurance and Capital fully owned subsidiary KB ohjeonjang promotion news.

9:30 am 17, 2012, KB Financial Group are traded on the 50,500 won right before the trading day compared to 4.66% (2250 won). This time Morgan Stanley securities, securities Merrill, a rise in the number of trader upper CLSA securities.

KB Financial Group announced a fully owned subsidiary Shoes (100% stake) plans for KB and KB Capital Insurance faster than expected last Friday. Miboyu 60.2% stake, then proceed with the tender offer for 100% of 48.0%, and the remaining shares will be swapped with the treasury of KB Financial Group. The tender offer price is 33,000 won per share figures, two of 17.9% compared to the current share price to 17,500 won, respectively, 7.8% premium.

Eun Kyung Wan Meritz Investment Bank Securities researcher "in the second half with operating leverage, improving KB securities gains in large-scale restructuring KB Insurance, earnings of capital will be reflected 100 percent," he said "Net income increased due to a wholly owned subsidiary incorporated in the two companies, scale was equivalent to about 250 billion won when a simple calculation, 10% of the year, KB financial expected net 2.5 trillion won high "rating.

In addition Before manning the Best Investment Securities researcher 'tender offer funds (1.6 trillion won), the procurement costs are seen as mere around 30 billion won is expected to benefit net increase of about 200 billion won, saying, "This year and next year, return on equity (ROE) are explained, respectively, 0.3%, 0.5% point increase is expected.



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