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Hyundai Glovis continues to deny interest in acquiring HMM

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. ....

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