Tag Archive for 'Daewoo'

Posco’s Chung May Make Biggest Purchase With Daewoo (Update1)

Posco’s Chung May Make Biggest Purchase With Daewoo (Update1)
Posco Chief Executive Officer Chung Joon Yang may make his biggest acquisition with the offer for Daewoo International Corp., securing mining assets as rising costs spur competition for raw material supplies.

Read more on BusinessWeek

POSCO nears $3 bln Daewoo Int’l buy; but high premium

POSCO nears $3 bln Daewoo Int’l buy; but high premium
* POSCO chosen as preferred bidder; eyes raw materials

Read more on Reuters via Yahoo! Philippines News