News / Five S Korean firms showing interest in takeover of HMM

07/08/2023

Five South Korean corporations have shown an interest in taking over flagship carrier HMM.

State-controlled finance institutions Korea Development Bank (KDB) and Korea Ocean Business Corp (KOBC) invited tenders to acquire their combined 57.87% stake in HMM.

Less than a month before bids close, on 21 August, ...

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