Daewoo Acquisition Deal Underway

Thursday, October 16, 2008

Its biggest shareholder is the state-owned Korea Development Bank, which owns a 31.3 percent stake in the company. When Daewoo Shipbuilding put itself up for sale, a three-member consortium comprised of POSCO, Hanwha and Hyundai Heavy Industries swooped.

(Source: Arirang News)

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