Marine Link
Thursday, October 27, 2016

KDB Scraps Daewoo Shipyard Sale

January 23, 2009

According to a Jan. 21 report from Reuters, Korea Development Bank (KDB) has ended talks to sell a majority stake in Daewoo Shipbuilding, worth an estimated $5b, to South Korea's Hanwha Group on differences over financial terms.

(Source: Reuters)

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