JKL, Harim Group named preferred bidder for Korea's Pan Ocean
JKL Partners and a unit of South Korean agricultural conglomerate Harim Group have been named by a local court as the preferred bidder for bankrupt shipper STX Pan Ocean.
Harim said in a regulatory filing that Pan Ocean will issue new shares worth KRW850 billion ($771 million), of which its subsidiary - Jeil Holdings - would acquire KRW680 billion, becoming the largest...
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