Independent journal on economy and transport policy
08:06 GMT+2
SM Group chief eyes more takeovers
(YONHAP News Agency)
March 20, 2017
SEOUL, March 20 (Yonhap) -- SM Group will acquire more companies, including overseas shippers, to beef up its status in the sector, its chief said Monday.
The midsized South Korean shipping group has been taking over a series of financially troubled companies over the past few years, to emerge as a major player in the domestic shipping industry, currently under financial strain amid falling rates and a drawn-out slump in the global economy. ...... Read more on YONHAP News Agency
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