HMM likely to be sold to Harim-JKL in US$4.9 billion deal

South Korean poultry processor and Pan Ocean owner Harim Group and its consortium member, private equity firm JKL Partners, were chosen as the preferred bidder to acquire the country’s flagship carrier HMM on 18 December.

HMM’s main shareholders, state-controlled institutions Korea Development Bank and Korea Ocean Business Corporation, announced their choice after nearly a month of assessment, after Harim-JKL and Dongwon LOEX, the logistics unit of fishing chaebol Dongwon group, made their bids...

https://container-news.com/hmm-likely-to-be-sold-to-harim-jkl-in-us4-9-billion-deal/

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