February 29 - Reuters - South Korean companies are hunting for U.S. acquisitions as subprime woes throw up opportunities to move into a market in which they would otherwise have to start from scratch, a senior investment banker said on Friday.
Demand ranges from manufacturers to banks and size from $100 million all the way up to $5 billion, ChunKee Lee, who leads Credit Suisse' South Korean operations, told Reuters in an interview.
"We do a lot of cross-border deals. Something that hadn't happened a few years ago," he said. "There are a lot of opportunities, particularly in the United States." Read More.
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