KDB to seek 3-way talks with GM Korea, union over spin-off plan
Nov 8, 2018
The head of the state-run Korea Development Bank said Thursday he will propose three-way talks with GM Korea and its labor union amid a deepening spat over the carmaker's plan to spin off its research unit.Lee Dong-gull, governor of the KDB, told reporters that the proposal will be officially delivered to GM Korea and the union later in the day or Friday. Lee Dong-gull, governor of the KDB (Yonhap)If held, the three-way talks involving the KDB -- GM Korea's second-largest shareholder -- would h