08/08/22 16:13:49 T4R6KS8k
S.Korea banks held talks on Lehman stake buy: report
Fri Aug 22, 2008 1:50am EDT
URLﾘﾝｸ(www.reuters.com)
SEOUL (Reuters) - South Korean banks, led by state-owned Korea Development Bank,
were in talks to buy a stake and management rights in Lehman Brothers
but failed to reach a deal on concerns about the U.S. bank's financial health,
a newspaper said on Friday.
(Reporting by Kim Yeon-hee, Additional reporting by Park Jung-youn;
Editing by Keiron Henderson and Jonathan Hopfner)