South Korea's Atinum Investment Co Ltd said on Monday that it has halted talks to acquire a stake in unlisted STX Energy after failing to agree with some of the conditions of the deal, Reuters reports.
A maximum 49 percent stake in STX Energy was estimated to be worth up to 400 billion won ($357.36 million), local newspaper Korea Economic Daily previously reported.
STX Energy is majority owned by STX Corp, a holding company of STX Group.
STX Group is also offering to sell its offshore vessel builder STX OSV Holdings Ltd, under a restructuring plan.
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