News / HMM sale fails due to differences over management rights

07/02/2024

HMM’s sale to the Harim Group-JKL Partners consortium has been called off.

Another round of discussions with the South Korean flagship carrier’s major shareholders, Korea Development Bank and Korea Ocean Business Corp, broke down just after midnight, Seoul time.

After the ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber