Hyundai Heavy Industries , the world's biggest shipbuilder, has submitted a final bid for local rival Daewoo Shipbuilding & Marine Engineering, a Hyundai Heavy source said on Monday.
The source, who has direct knowledge of the matter, declined to be named. Other details were not available.
Top shareholders of Daewoo are selling a 50.4 percent stake in the world's No. 3 ship maker. The deadline for final bids is Monday.
The source, who has direct knowledge of the matter, declined to be named. Other details were not available.
Top shareholders of Daewoo are selling a 50.4 percent stake in the world's No. 3 ship maker. The deadline for final bids is Monday.