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Harim fails in bid to acquire Korea's top container shipper HMM

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. ....

Ch Ungch Ong Namdo , South Korea , Cholla Namdo , Soult Ukpyolsi , Pan Ocean , Hanwha Group , Hyundai Motor Group , Dongwon Group , Korea Development Bank , Korea Oceans Business Corp , Hyundai Group , Ministry Of Oceans , Harim Group , Korea Oceans Business , Hanjin Shipping , Hyundai Merchant Marine , South Korea , He Korea Times , Orea Times , Orean News In English ,

Are HMM's creditors at odds over Harim's takeover?

HMM’s two largest shareholders appear to have differing views on the selection of Harim Group as the preferred bidder to acquire the nation’s largest container shipping company, amid growing skepticism about the poultry processor’s plan to raise 6.4 trillion won ($5 billion) for the takeover, according to industry officials, Sunday. ....

Ch Ungch Ong Namdo , South Korea , Cholla Namdo , Soult Ukpyolsi , Yoon Suk Yeol , Kang Seog Hoon , Korea Oceans Business Corp , Korea Development Bank , Financial Services Commission , Harim Group , Fisheries Minister , Kang Do Hyung , Korea Oceans Business , Hanjin Shipping , President Yoon Suk Yeol , South Korea , He Korea Times , Orea Times , Orean News In English ,