South Korean banking group Hana Financial has won an international arbitration case against American private equity firm Lone Star Funds over its purchase of KEB Hana Bank.<br />Accusing Hana Financial of intentionally lowering the price of KEB Hana Bank internationally, Lone Star filed a lawsuit at the International Chamber of Commerce in August 2016.<br />Lone Star had demanded Hana Financial to pay one-point-four billion U.S. dollars in compensation.<br />The international court reportedly informed Hana Financial of the ruling on Wednesday.<br />The American private equity firm purchased a 50-point-5 percent stake in KEB stake for one-point-two billion U.S. dollars, before selling a 51 percent stake to Hana Financial for one-point-seven billion. <br />
