#Harim Group has become #Korea's 13th largest company by assets, surpassing #CJ Group, following its acquisition of #HMM, the nation's top shipping line.
https://pulsenews.co.kr/view.php?sc=30800018&year=2023&no=968514
South Korea’s Harim Group is all set to become the 13th largest player in the country by assets after completing its acquisition of HMM Co., Korea’s largest shipping line and sole ocean container liner. In the 2023 list
With its $4.92 billion bid, #Harim Group has been selected as the preferred bidder for #SouthKorea's leading container shipper, #HMM, marking a significant step towards HMM's privatization and surpassing Dongwon Group in the final round.
https://www.koreatimes.co.kr/www/tech/2023/12/419_365354.html
#DongwonGroup raised objections to the #Harim-JKL's request for a $1.27 billion bond-to-share conversion deferral in the #HMM bid, arguing it would have bid higher with earlier knowledge of these terms.