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- Title
Doosan, Daewoo and STX: high seas, big deals.
- Abstract
The article reports on the move of Doosan Group to dismiss its bid for Daewoo Shipbuilding and Marine Engineering Co. Ltd. as steelmaker Posco unveiled tentative plans to join with the National Pension Service Inc. in South Korea. Additional reason for the dismiss is another partner that will launch an offer that could move up the value of the ship manufacturer. According to the article, it triggers a round of feuding due to the rival bids by GS, Hanwha and STX Shipbuilding Co.
- Subjects
SOUTH Korea; BIDS; DOOSAN Group (Company); DSME Co. Ltd.; POSCO (Company); NATIONAL Pension Service (Company); STX Offshore &; Shipbuilding Co. Ltd.
- Publication
Asia Weekly, 2008, Vol 2, Issue 33, p24
- ISSN
1993-4009
- Publication type
Article