Wednesday, September 10, 2008

Korea Exchange Bank to Sell Hynix



Korea Exchange Bank (KEB) is looking to sell Hynix. Nine institutions currently have a stake in Hynix. The leading shareholders are KEB, which holds 22.3%, Korea Development bank which holds 17.3%, and Shinhan Bank which holds 16.9%. Hynix suffered a liquidity crisis in December 2000.
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