Monday, July 16, 2007

UPDATE 1-HSBC interested in KEB, contacted Lone Star-paper

(Reuters) - Continuing legal proceedings over Lone Star's 2003 purchase of KEB, however, have delayed a deal.




Citing people close to the situation, the Daily Telegraph reported that HSBC's expression of interest was "extremely preliminary and contingent upon a resolution of ongoing criminal investigations into KEB's sale in 2003 to Lone Star."


Read more at Reuters.com Mergers News

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