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Article: KDB DENIES RUMOURS ABOUT DAEWOO SECURITIES SALE.

Article from:
AsiaPulse News
Article date:
July 13, 2001
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SEOUL, July 13 Asia Pulse - The Korea Development Bank said that no decision has been made about the sale of Daewoo Securities Co. (KSE:06800), although a deal has been under way with three to four leading financial institutions.

The KDB was commenting on a Wall Street Journal report that Salomon Smith Barney is expected to acquire a 39 per cent stake in Daewoo.

There is no change in the principle goal ...

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