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Rumours of a merger between troubled South Korean shipping groups Hyundai Merchant Marine (HMM) and Hanjin are “half-baked”, according to Hyundai Group’s PR firm.
The Loadstar was contacted today by the Seoul office of PR firm Weber Shandwick to “provide an accurate and fact-based state of affairs of HMM and its recovery plan”.
It said: “The merger between HMM and Hanjin Shipping is a half-baked rumour, as little synergy effect is expected due to their overlapped business fields.
“In addition, because both companies ...
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The firm Info
June 14, 2016 at 6:51 amRumour seem to come true sooner or later