NongHyup picked as top bidder for Woori Investment
Seoul - Yonhap
NongHyup Financial Group Inc. was picked Tuesday as the preferred bidder for three units of Woori Finance Holdings Co., in the latest step in the government's push to privatize the state-run financial group. South Korea's largest banking firm by assets chose NongHyup to buy Woori Investment & Securities Co., WooriAviva Life Insurance Co. and Woori FG Savings Bank at a board meeting, the group said
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