{"id":8315,"date":"2008-08-07T00:00:00","date_gmt":"2008-08-07T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hsbc-denies-new-deadline-for-63-billion-keb-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2008\/hsbc-denies-new-deadline-for-63-billion-keb-deal.html","title":{"rendered":"HSBC denies new deadline for $6.3 billion KEB deal"},"content":{"rendered":"<p>Reuters &#8211; HSBC Holdings on Thursday denied a South Korean media report saying  it had agreed with U.S. private equity firm Lone Star   to set a new deadline for a $6.3 billion deal for control of  Korea Exchange Bank.<\/p>\n<p>  &quot;We have not created a deadline,&quot; HSBC spokesman <span class=\"yshortcuts\">David Hall<\/span>  said.<\/p>\n<p>  &quot;Our original position stands, in that either side has the  option to walk away, but we made it clear we are interested in  continuing this deal.&quot;<\/p>\n<p>  Online news outlet EDaily, citing financial industry  sources, reported that the two sides had agreed to maintain the  deal, which was supposed to be wrapped up by July 31, until the  end of September.<\/p>\n<p>  Lone Star&#8217;s PR agency in <span class=\"yshortcuts\">Seoul<\/span> said there had been no  announcement on an extension to the deal, declining to comment  further. A KEB spokesman said he was not aware of any  developments.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20080807\/bs_nm\/keb_hsbc_lonestar_dc\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; HSBC Holdings on Thursday denied a South Korean media report saying it had agreed with U.S. private equity firm Lone Star to set a new deadline for a $6.3 billion deal for control of Korea Exchange Bank. &quot;We [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[287,707,1996,1995,117,1487],"class_list":["post-8315","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asyst-technologies-inc","tag-december-31","tag-frank-morgan","tag-global-investment-funds","tag-investment-arm","tag-investment-opportunities"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8315"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8315\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}