S/F/103. Commerzbank M&A Activities with Korea Exchange Bank: Were We Sold a Peach or a Lemon?
(2006, 5000 words)
The paper examines the merger of Commerzbank (Germany) with Korea Exchange Bank (KEB) presenting an overview of the Asian financial crisis, the history of KEB and Commerzbank, the risks faced by the Commerzbank in South Korea, etc. The bank's performance before and after the acquisition is analyzed highlighting the strengths and weaknesses of KEB.
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