Tuesday, December 11, 2012

STX OSV

STX OSV: Korea's Money Today news report again carrying a newswire that says the STX Group may make announcement "soon" after agreeing with Fincantieri to sell STX OSV stake. Total value could be ~ KRW 800b, which translates to ~S$900m, or ~$1.50/sh, in the event that a sale is successful.

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