Korean Shipbuilder Gets a Lifeline for Now
Daewoo Shipbuilding & Marine Engineering Co., a mega South Korean shipbuilder, that provides some 50,000 jobs, has about 14.4 trillion KRW in debt and 224.3 billion KRW in cash as of December 2016. The shipbuilder has financially struggled over a series of years. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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