Independent journal on economy and transport policy
13:48 GMT+1
South Korea in Talks to Sell G.E. and ABB an Industrial Stake
(The New York Times)
December 30, 1999
By Samuel Len
SEOUL, South Korea, Dec. 29 -- The South Korean government said today that it was in talks to sell as much as a 25 percent stake in the Korea Heavy Industries and Construction Company, or Hanjung, to the General Electric Company and a unit of ABB Ltd., the Swiss-Swedish company.
"G.E. and ABB have proposed in writing the range of their ...... Read more on The New York Times
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