South Korea’s Minister of Oceans and Fisheries Kang Do-hyung told journalists at a New Year briefing that he does not believe there will be a “winner’s curse” in selecting the Harim Group-JKL Partners consortium as the preferred bidder for the country’s flagship carrier HMM.
HMM’s largest shareholders, the state-controlled Korea Development Bank and Korea Ocean Business Corporation, chose the Harim-JKL consortium over Dongwon LOEX as the preferred bidder on 18 December 2023.
The company came...
https://container-news.com/hmm-sale-will-be-cautiously-proceeded-in-view-of-taxpayers/