Preliminary Bids for S.Korea's LG Card Due in mid April

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00006264-preliminary-bids-for-skoreas-lg-card-due-/

Initial bids for the largest credit card issuer in South Korea will be due by around mid April, according to a report by Reuters. With interest in LG Card extending from domestic powerhouse Merrill Lynch to state-controlled China Construction Bank, the final deal could be worth up to $5 billion.

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