Yonhap Infomax NewsJoongAng Group moves to sell its Phoenix leisure business to Hanwha Group to address mounting losses, while Hanwha seeks to boost synergies with its recent Ourhome acquisition by expanding its resort portfolio.
#YonhapInfomax #JoongAngGroup #HanwhaGroup #Ourhome #ConvertibleBonds #ResortAcquisition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93239
#YonhapInfomax #JoongAngGroup #HanwhaGroup #Ourhome #ConvertibleBonds #ResortAcquisition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93239
'Phoenix' Sale Offers Lifeline for JoongAng Group—Hanwha Seeks to Maximize Ourhome Synergy
JoongAng Group moves to sell its Phoenix leisure business to Hanwha Group to address mounting losses, while Hanwha seeks to boost synergies with its recent Ourhome acquisition by expanding its resort portfolio.