Woori Financial Group

Woori Financials Placement - Almost a Clean-Up Although past Deals Haven’t Done Much

Equity Capital Markets
270 Views, 17 May 2022 16:28
EXECUTIVE SUMMARY
  • KDIC is looking to sell around half of its remaining stake in Woori Financial Group (WFG).
  • This is almost a clean-up trade considering that KDIC had a stake of nearly 18% at the start of 2021 and will now be reduced to a less than 2%.
  • In this note, we will run the deal through our ECM framework.
detail (4-minute read)
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets

Head of IPO & Placements for Aequitas Research. At Aequitas we cover all IPOs and placements across Asia-Pac with a deal... 

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