South Korean liner operator SM Line is part of a consortium that is bidding to acquire Hanjin Heavy Industries as the bidding process reaches its final stages.
According to local media there are three consortia remaining in the race to acquire the shipbuilder, including the Korea Development Bank (KDB) Investment with Keistone Partners, SM Line consortium, and NH Private Equity group with Opus Private Equity consortium and the Korea Real Estate Investment & Trust (KOREIT).
According to Pulse, a...
https://container-news.com/sm-line-in-last-three-bids-for-hanjin-heavy-industries/