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Hyundai Heavy's USD 11 bln breakup paves way for more deals

South Korea's Hyundai Heavy Industries has now split itself into four separate companies. The move could pave the way for the sale of some of the group's businesses.
Photo: Lee Jin-man/AP/POLFOTO/arkiv
Photo: Lee Jin-man/AP/POLFOTO/arkiv
BY ABHISHEK VISHNOI & KYUNGHEE PARK, BLOOMBERG

The world's second-largest shipbuilder has split itself into four companies, a move that would facilitate a potential sale of some of the businesses.

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