News / Harim would submit new bid if HMM came up for sale again

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The chairman of Korea’s Harim Group has confirmed it would submit a new bid for HMM if the carrier was put up for sale again, according to Alphaliner today.

State-owned Korea Development Bank (KDB) and Korea Ocean Business Corp (KOBC) retained majority control of the carrier after the sale of their combined 57.9% stake in HMM to Harim fell through in February.

Harim and private equity fund JKL Partners had offered $4.9bn and were confirmed as HMM’s preferred bidder, but KDB and ...