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Article: BRIEFING - ASIA INFRASTRUCTURE - FEB 10, 2009.
- Article from:
- AsiaPulse News
- Article date:
- February 10, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on infrastructure for Feb 10, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
S KOREA'S STX MULLS SELLING PART OF STAKE IN EUROPEAN UNIT
SEOUL - STX Group, a mid-sized South Korean shipbuilding group, said Tuesday it is considering selling part of its stake in STX Europe ASA as part of an effort to recoup its spending on the takeover.
The group's affiliates, including STX Shipbuilding Co. - the world's fourth-largest shipbuilder - paid around 1.4 trillion won (US$1.01 billion) for a 97.9 per cent stake in STX ...