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Shares of Harim Holdings soar, Pan Ocean fall after HMM acquisition announcement

Shares of Harim Holdings and its shipping subsidiary Pan Ocean, moved in the opposite direction, Wednesday, after investors showed different expectations for the poultry processor acquired an over 57 percent stake in HMM, the country’s largest shipping firm, for 6.4 trillion won ($4.9 billion). ....

Cholla Namdo , South Korea , Kangwon Do , Pan Ocean , Harim Holdings , Korea Exchange , Yang Ji Hwan , Bae Se Ho , Pan Ocean , South Korea , He Korea Times , Orea Times , Orean News In English ,