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Reuters: South Korea starts Daewoo Shipbuilding sale, shares jump

Started by chris, March 26, 2008, 09:01:06 AM

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chris

South Korea starts Daewoo Shipbuilding sale, shares jump
      


SEOUL (Reuters) - South Korea said on Wednesday it has started the sale of Daewoo Shipbuilding and Marine Engineering Co , the world's No. 3 shipbuilder, by putting up a 50.4 percent stake worth $3.6 billion at current market prices.
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