Mergers & Acquisitions
K Shipbuilding up for sale as Korean shipyards ride new boom
K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 1 trillion won ($732 million), is expected to deliver a windfall for investors four years after their acquisition. A consortium between Seoul-based KHI Investment and UAMCO, a domestic bad bank, has recently sent requests for proposal to major acco