KDB to be more flexible as it prioritises DSME privatisation
Korea Development Bank is now open to ‘flexibility in pricing’ and splitting up Daewoo Shipbuilding & Marine Engineering, says new bank chairman
After the stalled attempt to merge it with Hyundai Heavy Industries, Korea Development Bank has now made it a priority to privatise Daewoo Shipbuilding & Marine Engineering, claiming it is not efficient for the bank to remain the majority shareholder