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 ...

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.

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), ...