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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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[THE INVESTOR] STX Offshore & Shipbuilding, the South Korean shipyard that has been undergoing a court-led restructuring scheme, is revitalizing a plan to sell STX France by hiring a manager for its sale this week after two previous attempts failed.
Local accounting firm Samil PwC has been tapped as a lead adviser by STX, but the decision is subject to approval from the Seoul Central District Court, which is expected to come by the end of this week, sources said Aug. 25. The court has been supervising the firm’s rehabilitation since June.
This is the third time STX is trying to sell STX France, which it took over in 2009. STX Offshore & Shipbuilding has a two-thirds stake through its subsidiary STX Europe.
By Park Han-na (hnpark@heraldcorp.com)
Local accounting firm Samil PwC has been tapped as a lead adviser by STX, but the decision is subject to approval from the Seoul Central District Court, which is expected to come by the end of this week, sources said Aug. 25. The court has been supervising the firm’s rehabilitation since June.
This is the third time STX is trying to sell STX France, which it took over in 2009. STX Offshore & Shipbuilding has a two-thirds stake through its subsidiary STX Europe.
By Park Han-na (hnpark@heraldcorp.com)
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