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Daol Financial Group focuses on securing liquidity

Continuing its aggressive restructuring, Daol Financial Group decided to sell its credit rating agency affiliate earlier this week. The move is in line with its latest efforts to secure liquidity by selling its key affiliates. The group said it signed an agreement with Mason Capital Management and Lead Capital Management on Wednesday to sell its 100 percent stake in the credit rating subsidiary at a price of 13 billion won ($10.2 million). ....

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