Korea Increases Stake in HMM, Sparking Renewed Privatization Speculation
The South Korean government has increased its stake in the country's largest shipping company, HMM, to 67.05%,…
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Korea
Harim Group Open to Second Bid for HMM Following Failed Sale
Korea's Harim Group has confirmed its interest in submitting a new bid for the country's largest container shipping…
HMM’s Annual Profit Dips 90% but Remains in Profit Territory
Hyundai Merchant Marine (HMM), South Korea's leading container carrier, saw its net profit for 2023 plummet by 90%…
HMM Privatization Deal Collapses as Harim Group Withdraws
South Korea's Harim Group has pulled out of a deal to acquire a majority stake in the country's largest container…
HMM Sale Faces Uncertainty as Deal Terms Stumble
Negotiations between the government and the preferred bidder, Harim Group, hit an impasse over terms and…
Final lap for Hyundai Merchant Marine (HMM) Acquisition
LX International Withdraws, Leaving Dongwon Industries and Harim Group in Final Lap for HMM Acquisition, according…
HMM: Operating profits decline before privatization, five potential buyers
Lowest profits since the pandemic hit in 2020 impact HMM amidst privatization to five potential buyers, report…
Hyundai Merchant Marine (HMM) accelerates privatization
Hyundai Merchant Marine (HMM) pushes privatization with a bid deadline of August 21. SM Lines, owner of the former…
Alphaliner: HMM privatization advances with assigned bank
HMM is moving ahead with privatization as local investment bank Samsung Securities is confirmed, set to find a…
HMM: Owners begin privatization process
HMM's owners, Hyundai Merchant Marine, are starting the privatization process to sell off the government's stake in…