Roughly 10 investors are set to buy around 1.2 trillion won ($1.08 billion) of new shares to be issued by South Korea's Hana Financial Group (086790.KS) to help finance its takeover of Korea Exchange Bank (KEB) (004940.KS), Hana said. "We tentatively fixed around 10 investors for the rights offer," a Hana spokesman said. The proceeds from the private placement, although it requires approval from the board in early February, would be used to finance its $4.1 billion takeover of KEB. Hana Chairman Kim Seung-yu told a local cable news station eariler that MBK Partners, Carlyle Group [CYL.UL] and its top shareholder Goldman Sachs (GS.N) were not among the investors.
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