SEOUL: South Korea's troubled shipbuilding and shipping conglomerate STX Group is considering selling its European assets, including its shipyards in France and Finland, a spokesman said Saturday. The group has seen its major affiliates reel under mounting debt as it was hit by a global downturn in the shipbuilding and shipping sectors. "We are now in the process of rearranging the corporate ...
SEOUL: South Korea's troubled shipbuilding and shipping conglomerate STX Group is considering selling its European assets, including its shipyards in France and Finland, a spokesman said Saturday. The group has seen its major affiliates reel under mounting debt as it was hit by a global downturn in the shipbuilding and shipping sectors. "We are now in the process of rearranging the corporate ...
