Hyundai Glovis is still regarded by industry officials as the strongest candidate to acquire HMM from creditors, despite its continuous denials of such speculation. During last Thursday s conference call on its first-quarter earnings, the logistics arm of Hyundai Motor Group was asked once again whether it plans to participate in a bid to take over the nation s leading shipping company from Korea Development Bank and the Korea Ocean Business Corp.
Korea Development Bank is selling HMM ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.