S.Korea's KEXIM set to sell $414 mln KEB stake to Hana - company official

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SEOUL | Sun Dec 18, 2011 7:15pm EST

SEOUL Dec 19 (Reuters) - South Korea's Export-Import Bank of Korea is set to exercise its right to sell a 6.25 percent stake in Korea Exchange Bank, a KEXIM official said, under the same terms as U.S. private equity fund Lone Star's 11,900 won per share sale to Hana Financial Group .

The KEXIM official said that the bank would convene a board meeting on Tuesday for final approval. ($1 = 1158.6500 Korean won) (Reporting by Ju-min Park; Editing by David Chance)

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