(Reuters) - The Dallas-based fund has faced public outcry over the size of expected profits from its deals in South Korea, which some have described as a litmus test of how far the country is willing to accept foreign investment.
Lone Star Chairman John Grayken said the fund had sold a 13.6 percent stake in key investment Korea Exchange Bank to pay down debt, and added it plans to sell its remaining 51 percent in South Korea's fifth-biggest lender to a strategic investor.
Read more at Reuters.com Business News
Lone Star Chairman John Grayken said the fund had sold a 13.6 percent stake in key investment Korea Exchange Bank to pay down debt, and added it plans to sell its remaining 51 percent in South Korea's fifth-biggest lender to a strategic investor.
Read more at Reuters.com Business News
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