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19 September 2021 The on-line newspaper devoted to the world of transports 06:07 GMT+2

September 2, 2008

Hyundai, 2 Affiliates Go for Daewoo
CFO Says Majority Shareholder Chung Not Involved in M&A Decision

By Kim Yoo-chul
Staff Reporter
The Korea Times

Hyundai Heavy Industries Tuesday said it will make an independent bid together with its two affiliates for a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME).
“With Hyundai Mipo and Hyundai Samho, we will go after the DSME. We will stay on no matter what,” its senior executive vice president said during a news conference in Seoul ......
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