Daewoo

A Financial Services Commission official, who declined to be identified, said the financial regulator approved KDB's plans to acquire a 39.6% stake in Daewoo Engineering at 18,000 won per share this year through a private equity fund for a total value of 2.3 trillion won.

Business Watch 2010

*** Construction South Korea's financial regulator said it has approved Korea Development Bank's 3.3 trillion Korean won ($2.93 billion) plan to acquire a controlling stake in Daewoo Engineering & Construction, paving the way for the state-owned bank to complete a long-delayed transaction.

Business Watch 2010

Posco expects to export its steel products through Daewoo International's global sales network, while Daewoo is expected to step up its efforts to join more resources exploration projects, helped by the steel maker's deep pockets.

Daewoo Names Former Posco CFO as New Chief Kyong-Ae Choi 2010

The appointment Friday of Lee Dong-Hee comes after Posco, the world's fourth-largest steelmaker by output, acquired a 68.15% stake in Daewoo International, a trading and resources company, for 3.37 trillion won ($2.97 billion) in August.

Daewoo Names Former Posco CFO as New Chief Kyong-Ae Choi 2010

KDB received regulatory approval to buy a controlling stake in Daewoo Engineering, in a $2.95 billion deal.

What's News 2010

SEOUL — South Korea's financial regulator said Tuesday it has approved Korea Development Bank's 3.3 trillion Korean won ($2.93 billion) plan to acquire a controlling stake in Daewoo Engineering & Construction Co., paving the way for the state-owned bank to complete a long-delayed transaction.

Korea Development Bank to Acquire Daewoo Stake Kyong-Ae Choi 2010

A Financial Services Commission official, who declined to be identified, said the financial regulator approved KDB's plans to acquire a 39.6% stake in Daewoo Engineering at 18,000 won per share this year through a private equity fund for a total value of 2.3 trillion won.

Korea Development Bank to Acquire Daewoo Stake Kyong-Ae Choi 2010

"The name Daewoo no longer symbolizes Korea's humiliating financial crisis," says Lee Tae Yong, CEO of Daewoo International, a trading and energy company.

Profiting in Pieces 2007

"The name Daewoo no longer symbolizes Korea's humiliating financial crisis," says Lee Tae Yong, CEO of Daewoo International, a trading and energy company.

Profiting in Pieces 2007

"The name Daewoo no longer symbolizes Korea's humiliating financial crisis," says Lee Tae Yong, CEO of Daewoo International, a trading and energy company.

Profiting in Pieces 2007