Hanwha takes over embattled Korean shipbuilder
Hanwha Group, one of South Korea’s largest industry groups, buys large stake in Daewoo Shipbuilding & Marine Engineering, effectively paving the way for privatization following several years of drought.
by JENS THOMSEN
South Korean industry conglomerate Hanwa has signed off on a deal to take over crisis-stricken shipyard Daewoo Shipbuilding & Marine Engineering (DSME), according to news media Yonhap.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
