GS Group Shows Interest in Acquiring Daewoo Shipbuilding

Monday, June 30, 2008

A number of companies have been showing interest in the sale of Daewoo Shipbuilding & Marine Engineering (DSME.)  GS Group has expressed interest to acquire the shipbuilder.
According to reports, the group believes it has an advantage over other conglomerates such as POSCO and Doosan.
On the contrary, GS believes its acquisition of the shipbuilder will increase synergy with businesses it holds interest in ― energy, engineering and construction.
Since 2005, the group put GS Holdings at the forefront to set up a team of mergers and acquisitions (M&A) specialists led by its CEO Suh Kyung-suk for the acquisition of DSME.
Source:  Times

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

HII Appoints Brenton as Corporate Director

Huntington Ingalls Industries (HII) announced today that Capt. Kevin Brenton (U.S. Navy, Ret.) has joined the company as corporate director of customer affairs for submarine programs.

Cummins Debuts Mobile Tier 4 Generators

Cummins’ certified Tier 4 Final QSB7 and QSL9 engine platforms form the basis for mobile sets that meet EPA regulations U.S. EPA Tier 4 Final certified mobile

‘Green’ Hybrid-powered Research Vessel Christened

The Maritime Aquarium at Norwalk christened a larger, “greener” new research vessel on Friday, September 26 in preparation for launching a new era in examining,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0768 sec (13 req/sec)