Local media suggests HMM is bidding KRW2trn ($1.4bn) to take Hahn’s 71.43% stake in the tanker giant, with the private equity firm having previously valued SK Shipping at twice that price.

South Korean owner HMM looks poised to pull off a big takeover deal by capturing major domestic tanker, bulker and gas carrier player SK Shipping. Investment banking sources cited by Business ...

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HMM Co., South Korea’s largest ocean carrier, is seeking to buy SK Shipping Co., excluding its liquefied natural gas (LNG) transportation business, for an estimated 2 trillion won ($1.4 billion), ...