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Home : News : STX and Daehan talks stall

STX and Daehan talks stall

Seoul: Talks between STX and Daehan Shipbuilding creditors on Daehan M&A have reportedly collapsed in the end. 
STX had requested for a suspension of Daehan's debt repayment for three years and a 100% debt-equity-swap. 
But Daehan creditors including the Korea Development Bank could not accept the condition. [31/08/10]






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