Korea Development Bank is selling HMM

The Korea Development Bank (KDB) has begun the process of selling “management rights” in Korean ocean carrier HMM seven years after the state-run bank took over the carrier from Hyundai Group following a liquidity crisis. According to a Business Korea report, on March 2nd KDB announced that it was forming an advisory group related to […]

Korea Development Bank is selling HMM

The Korea Development Bank (KDB) has begun the process of selling “management rights” in Korean ocean carrier HMM seven years after the state-run bank took over the carrier from Hyundai Group following a liquidity crisis. According to a Business Korea report, on March 2nd KDB announced that it was forming an advisory group related to […]