Woori Financial Group, South Korea’s largest financial group with strong asset management and private equity arms, has reached an agreement with Nasdaq-listed Hanmi Financial to buy up to US$240mn of Hanmi’s shares. Analysts say this purchase will help Woori expand to the US market, especially the West coast, where Hanmi is headquartered and which holds a large South Korean population….
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]