top of page
POSCO's Perspicacious Pivot: Pursuing Pelagic Possibilities

POSCO Group considers acquiring shipping company HMM to diversify beyond steel operations. The Korean steel giant formed advisory groups including Samil PwC and Boston Consulting Group to evaluate the acquisition. POSCO spends 3 trillion won annually on logistics for raw materials and finished products. The company has adequate financial capacity with 16.5 trillion won in cash equivalents. HMM's major shareholders include Korea Development Bank with 36% and Korea Ocean Business Corp with 35.7% stakes.

Previous
Next
bottom of page