A record rally in South Korean stocks is spurring a wave of share sales by existing holders, a trend set to accelerate as companies unwind cross-shareholdings and simplify ownership under a corporate… [+446 chars]
Source: Bloomberg
Business
JPMorgan Sees Korea Governance Overhaul Driving Equity Deals
A record rally in South Korean stocks is spurring a wave of share sales by existing holders, a trend set to accelerate as companies unwind cross-shareholdings and simplify ownership under a corporate governance overhaul, according to JPMorgan Chase & Co.
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