Posco says no to DSME

POSCO, South Korea's leading steelmaker, is not interested in buying Daewoo Shipbuilding & Marine Engineering (DSME), its ceo said. In January this year, state-run Korea Development Bank terminated the sale of a 50.4% stake in the world's third-largest shipyard to Hanwha Group, rejecting the group's demand to revise the terms ...

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