KDB, Lehman talks have been halted - govt official
SEOUL, Sept 10 (Reuters) - Talks between Korea Development Bank [KDB.UL] and Lehman Brothers LEH.N over a possible investment in the U.S. bank have been halted "for some time" due to lack of progress, a government official said on Wednesday.
"No more talks are under way on a deal between the two sides," he told Reuters by telephone, asking not to be named before any public announcement is made.
"Their talks had not developed to a serious level. There have been several investors who have been in discussions with Lehman other than us," he said, referring to KDB.
(Reporting by Kim Yeon-hee; Editing by Keiron Henderson)








