Daewoo Shipbuilding & Marine Engineering Co., Ltd.Seoul, South Korea

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  • S. Korea's Daewoo Shipbuilding back on sale [Xinhua News Agency]
    (12 Nov 2009 03:26:00 EST)
    South Korea's Daewoo Shipbuilding & Marine Engineering Co. will be on sale again in 2010 after its main creditor selects an adviser for the sale within the year, the creditor said Thursday. According to state-run Korea Development Bank, the main creditor, it wants to sell a controlling stake in the shipbuilder as soon as possible.