Seoul court considers selling Hanjin's Asia-US business
The Seoul Central District Court is considering selling Hanjin in pieces after an evaluation committee has estimated that the assets could likely generate more value in parts. The company's Asia-US business might be the first to be divested.
BY KYUNGHEE PARK, BLOOMBERG
The Seoul Central District Court overseeing the receivership filing of Hanjin Shipping Co. is considering a disposal of the sales-and-marketing network of the container line's Asia-US operations as part of efforts to raise funds at the indebted company.
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