Subscribe to RSS feedSTX set for three-way listing
by
Mike Grinter, Hong Kong
—
last modified
Jun 11, 2009 12:48 PM
SOUTH Korea’s STX Group said it wants to raise Won2.5trn (US$2bn) over the next 18 months through stock sales and listings of four affiliates.
In the first phase of the plan, STX Heavy Industries, STX Energy, STX (Dalian) Shipbuilding and STX Europe will sell part of their stock to institutional investors in the second half of this year.
The second phase will involve...
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