Highlights –
- S. Korea’s Hanjin Heavy to be sold off to Dongbu Corp.
- The company’s shares ended low on Friday trading at 7,650 won.
- KDB, creditor of Hanjin Heavy will sell 66.85 percent of its stake in the company to Dongbu Corp.
- The decision however faced opposition from the Busan government and its civic groups.
South Korean shipbuilding co....
Tags : HHIC, HANJIN HEAVY INDUSTRIES & CONSTRUCTION CO., FTC, FAIR TRADE COMMISSION, HANJIN HEAVY STOCKS, KOREA DEVELOPMENT BANK, KDB,
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