Hanwha hires JPMorgan to sell Korea Life stake
) to sell a 9.9 percent stake in its Korea Life insurance unit, sources said on Wednesday, in a deal that could value the unit at more than $7.5 billion.

Affinity Equity, Carlyle G ...[more]

FACTBOX: Key stumbles in recent AIG history

Below are some key dark days in the 89-year-old company's recent history.

2005

February - Former New York Attorney General Eliot Spitzer and the U.S. Securities and Exchange C ...[more]

UPDATE 1-Highland hires two from Intel Capital in China

By George Chen

SHANGHAI, Sept 17 (Reuters) - Highland Capital Partners said on Wednesday that it has hired two senior executives from Intel Capital in China to join its Shanghai off ...[more]

Banks rush to do deals as Wall St crisis deepens

With the financial landscape undergoing its most dramatic transformation since the Great Depression, reports emerged of takeovers involving No. 2 U.S. investment bank Morgan Stanley, weakened ...[more]

Private equity firms withdraw bid for Informa
), Carlyle Group [CYL.UL] and Providence Equity Partners Ltd on Friday said it withdrew its bid for British media company Informa Plc (), which earlier this month rejected its takeover offer.

[more]
TIMELINE: Key events related to Korea Exchange Bank sale
) said on Friday it had dropped its $6.3 billion offer to buy 51 percent of Korea Exchange Bank () from U.S. private equity firm Lone Star, the latest fallout of the ongoing financial market turmoi ...[more]
Kookmin says monitoring "with interest" KEB deal
), after HSBC dropped its $6.3 billion offer to buy KEB from U.S. fund Lone Star.

"We still maintain interest and are closely monitoring the situation," said a Kookmin 060000.KS spo ...[more]

HSBC says pulls out of $6.3 billion KEB deal

"Taking into account all relevant factors including current asset values in world financial markets, on 18 September 2008 HSBC Asia exercised its right to terminate the acquisition agreement ...[more]

Boscov's signs pact for sale to Versa

The terms of the deal were not immediately available.

Under the bankruptcy procedures, Versa will serve as the "stalking horse" bid that sets a minimal level for any other offers. T ...[more]

UPDATE 2-WaMu still weighing sale, capital raising--sources

PHILADELPHIA/NEW YORK, Sept 18 (Reuters) - Washington Mutual Inc (), the large U.S. savings and loan beleaguered by mortgage losses, continues to explore all options, such as talking to pote ...[more]

Citi hires Lehman's Shafir to head M&A
) said on Thursday that it hired Lehman Brothers' LEH.P LEH.N Mark Shafir to become global head of M&A, filling a spot open since June when Frank Yeary retired.

Shafir was chair ...[more]

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