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HMM's creditors have opted against selling Korea's largest container shipping company to Harim Group, the nation's biggest poultry processing company. The decision amplifies uncertainties surrounding HMM's privatization, particularly in the face of a pessimistic outlook for the logistics industry.
The acquisition of South Korean container shipping firm HMM fell through due to disagreement over future management rights.
Negotiations to complete the final sale agreement of the controlling share of Korean shipping company HMM collapsed Tuesday night after a marathon fi...
The proposed sale of a controlling interest in South Korea’s largest carrier, HMM, and the eighth-largest carrier in the container segment, is report...
South Korea’s largest carrier, HMM, is set to hit a key mark in its growth strategy even as the company continues to face an uncertain future as the...