The chairman of Harim Group stated Wednesday that he would take into account buying HMM if the nation’s prime container shipper is once more put up on the market.
A consortium led by Harim was picked as the popular bidder late final yr for an acquisition of HMM, however talks with the shipper’s important creditor, state-run Korea Improvement Financial institution, finally broke down in February as the 2 sides didn’t slender some variations.
Harim Chairman Kim Hong-kuk instructed reporters that he would “assessment it once more” if HMM is put up on the market.
Requested whether or not Harim nonetheless has an intention to amass HMM, Kim replied that it might rely on whether or not the federal government would have “sincerity” concerning the potential sale of the shipper.
In March, Oceans Minister Kang Do-hyung stated his ministry has been in discussions with related authorities with regard to restarting the sale course of for HMM. (Yonhap)