Korean Banks Start Bidding Process to Privatize HMM
2023-07-21 10:33

Korean Banks Start Bidding Process to Privatize HMM

by Hristijan Ivanov
Korean Banks Start Bidding Process to Privatize HMM

"The bidding process for the privatization of HMM launched today in South Korea with the government-run banks saying that they hope the carrier will be sold to one of South Korea’s conglomerates which can continue the revitalization of the company. The Korea Development Bank and the Korean Ocean Business Corporation announced earlier this year that they had formed an advisory group to explore the sale of the government’s shares and management control of HMM." See the original story at: The Maritime Executive.

Source: The Maritime Executive