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    More NewsStandard Chartered Takes Stake in Kyobo Life Insurance

    Standard Chartered Takes Stake in Kyobo Life Insurance

    Author Date published November 21, 2007 Categories

    Standard Chartered Private Equity (SCPE) has made a long term investment in Kyobo Life Insurance (Kyobo), a leading South Korean life insurer. The purchase was made through Finventures KBL LLC, an investment company wholly controlled by SCPE, which will acquire an aggregate 5.3% stake in Kyobo from existing shareholders who are members of the company’s founding family.

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