POSCO says not interested in Daewoo Shipbuilding

POSCO , the world's third-biggest steelmaker, said on Friday that it was not interested in buying Daewoo Shipbuilding & Marine Engineering, Reuters reports."Daewoo Shipbuilding is out of our interest," POSCO CFO Choi Jong-tae told analysts.
POSCO was named one of the potential buyers for the South Korean shipbuilder.