BizFinance
MBK consortium submits final bid for S.Korea Woori unit; deal might hit $283 mln-source
SEOUL, Dec 2 (Reuters) – A consortium joined by private equity firm MBK Partners were among suitors to place final bids for the bad-loan unit of Woori Finance Holdings Co Ltd , two sources familiar…
Australian insurer Cover-More plans $476 mln IPO
SYDNEY, Dec 2 (Reuters) – Australian insurer Cover-More Group is seeking to raise A$521.2 million ($476.30 million) in an initial public offering by selling up to 260.6 million shares at A$2 each,…
DOJ not planning to penalize banks on swaps probe – WSJ
Dec 1 (Reuters) – The U.S. Justice Department is not planning any penalties on a civil probe relating to allegations that large banks tried preventing competition in the credit default swaps market,…
