1. Why did the Korean Government choose Newbridge capital over HSCBC? (150 words) 2. Was this a good deal of Newbridge capital? For the Korean Government? For the Korean first bank (KFB)? Evaluate the...

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1. Why did the Korean Government choose Newbridge capital over HSCBC? (150 words)
2. Was this a good deal of Newbridge capital? For the Korean Government? For the Korean first bank (KFB)? Evaluate the timing of the sale (200 words)?

Answered Same DayDec 22, 2021

Answer To: 1. Why did the Korean Government choose Newbridge capital over HSCBC? (150 words) 2. Was this a good...

David answered on Dec 22 2021
115 Votes
Korea First Bank
1. Korean Government has chosen new bridge capital over HSBC because New Bridge
was interested in acquiring this company. HSBC also is interested in acquiring the
Korean bank and it is comprised of more than 6000 offices in 81 countries around the
world. Korean bond market has sustained over solid growth and development. It
increased the issues of government bonds and monetary bonds. It also created huge
efforts in the bonds issue process and this way, improved the efficiency of the market
for increased long term bond issues. New bridge is confident that the employees of
Korean Government will contribute to high growth and development of the business
under new management and...
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