Samra Midas (SM) Group’s founding chairman, Woo Oh-hyun, has at last confirmed his sights are set on taking over South Korean flagship carrier HMM, after becoming its third-largest shareholder.
Mr Woo disclosed his plans during an interview with the Korea Economic Daily yesterday, more than a week after HMM disclosed that SM Group had increased its stake to 6.56%.
The group, that includes rival box carrier SM Line and dry bulk specialists …
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