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LX, Dongwon, Harim struggle to raise money for HMM acquisition

LX International, Dongwon Industries and the consortium of Harim Holdings and JKL Partners appear to be going all out to secure cash to win in a bid to acquire a controlling stake in HMM, which is estimated to be up to 6 trillion won ($4.5 billion), according to industry officials, Tuesday.

Yangjae dongSoult ukpyolsiSouth koreaCholla namdoPusan gwangyoksiSamil pwDongwon loexKim nam jungKang seog hoonDeloitte anjinOlx groupLx internationalDongwon industriesKorea investment holdingsKorea development bankHarim holdings

4 Parties, Including Hapag-Lloyd, Join Acquisition Battle for HMM | Hellenic Shipping News Worldwide

4 Parties, Including Hapag-Lloyd, Join Acquisition Battle for HMM | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Cholla namdoSouth koreaSoult ukpyolsiKim jae chulHarim groupDongwon groupKorea development bankKorea investment holdingsOlx groupSamsung securitiesKorea investmentKim nam gooStalking horseDaewoo shipbuildingMarine engineering

Concerns grow over lack of big firms in bid for HMM

The Korea Development Bank (KDB) seems to be facing a dilemma over its plan to privatize HMM by the end of this year, as large companies have remained lukewarm about participating in the preliminary bid slated for Monday, according to industry officials, Sunday.

South koreaCholla namdoKang seog hoonKorea development bankKorea investment holdingsGlobal sae aHyundai motorSouth koreaHe korea timesOrea timesOrean news in english

Financial giants mull acquiring KDB Life, ABL Life to beef up non-banking revenues

Aiming to expand their non-banking business portfolios, major financial firms, including local financial groups, are closely examining whether to add new insurance subsidiaries, as two insurers - KDB Life Insurance and ABL Life - are currently looking for new owners. Lotte Insurance and Tongyang Life Insurance are also deemed as candidates that are likely to be put up for sale within the next several months, attracting the interest of potential buyers.

Soult ukpyolsiSouth koreaYang jae hyukMirae asset groupWoori financial groupIndustrial bankNational federation of fisheries cooperativesHana financial groupKorea investment holdingsTongyang life insuranceKyobo lifeMirae assetFinancial groupNational federationFisheries cooperativesAsset group

Five South Korean Companies Vie to Take Over Flagship Carrier HMM

Five South Korean Companies Vie to Take Over Flagship Carrier HMM
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

South koreaPusan gwangyoksiCh ungch ong namdoCholla namdoSouth koreanMartina liKim nam jungKorea shipping corpDongwon groupDongwon industriesSamra midas groupKorea ocean business corpSm groupHarim groupKorea line corpKorea development bank