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Three bidders vie for major stake in news channel YTN

Three groups have submitted final bids to buy a major stake in cable news channel YTN, financial sources said Monday, with the results of the bidding expected to be announced later in the day. In November last year, two state-run firms announced a plan to put their combined 30.95 percent stake in YTN up for sale. Apparel exporter Hansae Co.; Eugene Group, with businesses ranging from distribution and finance to logis.

Maersk Makes More LatAm Investments Amid Nearshoring Boom

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