Korea Development Bank (KDB) has identified Hyundai Motor, steel mill POSCO, logistics group LX Pantos and SM Line as potential buyers for its 20.69% stake in South Korean flagship carrier HMM.
KDB said on 23 November that it has met with representatives of the aforementioned companies to see how its stake in the company can be sold. Meanwhile, Korea Ocean Business Corporation, which owns 19.96% of HMM, is not in a hurry and prefers to gradually offload its stake in the company.
It will be a...
https://container-news.com/kdb-sounds-out-potential-buyers-for-hmm-shares/