[KH Explains] HMM sell-off enters stormy waters
The sell-off attempt of South Korea’s largest container shipper HMM has turned into a tit-for-tat tussle as the state-run sellers delay the decision between two bidders -- Dongwon Group and Harim Group -- while they continue to battle over the prolonged bidding process. Dongwon last week filed a complaint over the fairness of the bidding process and raised the possibility of taking legal action if the state-run...