Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon
Germany’s shipping giant Hapag-Lloyd AG didn’t pass the qualification screening process for the bid
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Germany’s shipping giant Hapag-Lloyd AG didn’t pass the qualification screening process for the bid
Closure of the preliminary bids for HMM reportedly see Hapag-Lloyd into the second round of the process, sparking a local debate on foreign ownership.
Amid ongoing delays in a high-profile merger between South Korea’s top two air carriers Korean Air and Asiana Airlines, some market watchers are speculating that strategic investors are preparing for a possible third-party buyout of Asiana. Private equity funds are reportedly releasing requests for proposals to interested parties regarding the 1.8 trillion won ($1.3 billion) Korean Air-Asiana deal to solicit re...
Hapag-Lloyd has been named as one of the possible bidders for the South Korean carrier HMM despite a sharp drop in profits and liquidity
Uncertainty emerged in South Korea over the fate of HMM and the next steps the state-run banks might take after the first round of bidding only receiv...