STX OSV: may be in focus today, after the Korea Economic Daily reported that Samsung Heavy was considering buying STX OSV. However this has been subsequently denied by a Samsung spokesman.
Recall, parent STX Europe, which holds 50.75% of STX OSV, has been keen on exploring a share sale. STX Europe had previously retained JPM and StanChart to handle the sale.
The stock last closed at $1.70, at the upper range of its uptrend channel, and is just shy of its all-time high of $1.735.
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