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Article: Daewoo Engineering to accept final bids for stake sale.
- Article from:
- YON - Yonhap News Agency of Korea
- Article date:
- November 5, 2009
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SEOUL, Nov. 4 (Yonhap) -- Daewoo Engineering & Construction Co., South Korea's third-largest builder, will likely accept final bids for a controlling stake from prospective buyers until Nov. 11, industry sources said Wednesday. Daewoo Engineering & Construction plans to pick a prime bidder for the stake on Nov. 12, the sources said. Tokyo-based Nomura Securities Co. and the state-run Korea Development Bank, the builder's main creditor, are arranging the sale. On Oct. ...