News / SM Group founder sets limit of $3.5bn for acquisition of HMM

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Photo: SM Line
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UPDATED 21.7.23 TO INCLUDE SHARE SALE DETAILS

Samra Midas (SM) Group’s founding chairman, Woo Oh-hyun, has at last confirmed his sights are set on taking over South Korean flagship carrier HMM, after becoming its third-largest shareholder.

Mr Woo disclosed his plans during an interview with the Korea ...

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