Jungheung interested in Daewoo E&C, but takeover still under review
MarketsMay 28, 2021
Jungheung Group, a local construction company, has expressed interest in acquiring Daewoo Engineering and Construction, but is in the process of reviewing its value and business potential, the builder said Friday. ”The company is interested in acquiring Daewoo E&C but nothing is confirmed,” an official at Jungheung said. “We’ll carefully examine the various conditions including Daewoo’s domestic and overseas business status, prospects after the acquisition an