KBI Group withdraws approval application, halting 110.7 billion-won Sangsangin sale

Verifying
  • KBI Group withdrew its regulatory application to acquire Sangsangin Savings Bank shares.
  • 110.7 billion won covered a 90.01% stake, including an 11.07 billion-won down payment.
  • Financial Services Commission approval delays moved closing from March through April to August.
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