A larger stake in the world's ninth largest container shipping line Hanjin Shipping will not be on the market after all.
There have been rumors of a sale of the Hanjin Group's post for around 10 percent in Hanjin Shipping as the company had sold its small stake in Hanjin Group.
The Korean stock law dictates that companies must own less than 3 percent of each other to be separated. Therefore, people have speculated that a major sale was on his way, writes Tradewinds.
But Hanjin rejects that be the plan.
Source: Finansnyheder
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