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S KOREA’S KDIC TO SELL PART OF ITS STAKE IN WOORI FINANCE

Posted by gary on January 5th, 2010

South Korea’s state-run deposit insurance agency plans to sell part of its stake in Woori Finance Holdings Co. KSE:053000) through block trade, financial sources said Monday. The Korea Deposit Insurance Corp. (KDIC), which holds a 73 per cent stake in Woori Finance, is expected to unload about 4 per cent of its shares at 15,350 [...]

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