Daewoo Engineering & Construction Co., Ltd.

UPDATE 1-Kumho picks 2 preferred buyers of Daewoo Eng
Reuters | 1 day 16 hours 32 minutes ago
SEOUL, Nov 23 (Reuters) - An Abu Dhabi fund-led consortium and a group including a U.S. builder have been picked as preferred buyers of Daewoo Engineering & Construction Co Ltd (047040.KS), a deal estimated to fetch about $2.6 billion.

Seoul shares fall 0.8 pct; Daewoo E&C tumbles
Reuters | 17 hours 15 minutes ago
SEOUL, Nov 24 (Reuters) - Seoul shares reversed earlier gains to end down 0.8 percent on Tuesday led by technology issues including Samsung Electronics (005930.KS), while losses in Daewoo Engineering (047040.KS) added further pressure.

UPDATE 1-ADIC, two other firms in Daewoo Eng deal-source
Reuters | 21 days 15 hours 23 minutes ago
SEOUL, Nov 3 (Reuters) - Abu Dhabi Investment Company (ADIC) and two other foreign companies are bidding for South Korea's Daewoo Engineering & Construction Co Ltd (047040.KS), a source from Daewoo Engineering said on Tuesday.

Seoul shares turn lower; Woori, Daewoo E&C fall
Reuters | 22 hours 20 minutes ago
SEOUL, Nov 24 (Reuters) - Seoul shares turned lower shedding an early 0.5 percent rise, led by banking and technology issues including Samsung Electronics (005930.KS), with Woori Finance (053000.KS) down after a block sale of its shares.

Seoul shares seen higher; Woori, Daewoo E&C eyed
Reuters | 1 day 1 hour 23 minutes ago
SEOUL, Nov 24 (Reuters) - Seoul shares may rise on Tuesday on stronger than expected U.S. home sales data and Wall Street gains, while Woori Finance (053000.KS) may be eyed after a block sale of its shares scheduled before the market opening.

S.Korea Daewoo Eng sale draws 3 bidders -Kumho Group
Forbes | 6 days 15 hours 42 minutes ago
SEOUL, Nov 18 (Reuters) - The sale of a controlling stake in South Korea's Daewoo Engineering & Construction Co Ltd drew three unidentified bidders by the Wednesday deadline, its parent group said, in a deal expected to fetch about 3 trillion won ($2.6 billion).

UPDATE 2-Three firms vying for $3 bln Daewoo Eng stake-source
Forbes | 21 days 8 hours 49 minutes ago
By Cho Mee-young and Amena Bakr SEOUL/DUBAI, Nov 3 (Reuters) - Three foreign firms, including an Abu Dhabi investment vehicle, are vying for a majority stake in Daewoo Engineering & Construction Co Ltd , a Daewoo source said, in a deal potentially worth $2.6 billion.

Seoul shares seen weaker; Daewoo E&C to draw bids
Forbes | 7 days 1 hour 37 minutes ago
SEOUL, Nov 18 (Reuters) - Seoul shares are expected to initially trade lower on Wednesday on concerns about the strength of the economic recovery after data indicated the recovery in the

Seoul shares hit 3-wk closing high on Hyundai Mobis
Forbes | 6 days 17 hours 58 minutes ago
By Kim Yeon-hee SEOUL, Nov 18 (Reuters) - Seoul shares posted a three-week closing high on Wednesday, led by Hyundai Mobis Co on its affiliate Hyundai Motor's plan to dispose of a

DEALTALK-State assets could be a tough sell for S.Korea
Forbes | 13 days 17 hours 29 minutes ago
By Kim Yeon-hee SEOUL, Nov 11 (Reuters) - South Korea may have to offer steep discounts to sell key state assets such as bank stakes, to help cut a growing fiscal deficit, while pumping money into the economy to pull it safely out of a global downturn.

Glance-UPDATE 2-Deals of the day -- mergers and acquisitions
Forbes | 21 days 10 hours 1 minute ago
(Adds Cisco System Inc, Berkshire Hathaway Inc and others) Nov 3 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0954 GMT on Tuesday.

PREVIEW-POSCO E&C's IPO set for frosty investor reception
Forbes | 42 days 18 hours 20 minutes ago
By Kim Yeon-hee and Jungyoun Park SEOUL, Oct 13 (Reuters) - The initial public offering of POSCO's construction unit, set to be South Korea's biggest IPO since 2006, faces a tepid reception from investors next week that reflects its high valuation and waning hype around IPOs.

RPT-Seoul shares flat; LG Display up on rosy outlook
Forbes | 11 days 17 hours 58 minutes ago
By Kim Yeon-hee SEOUL, Nov 13 (Reuters) - Seoul shares trimmed losses by Friday's close, with declines in LG Electronics and Samsung SDI on concerns over consumer spending offset by an advance by LG Display.

Posco Postpones Market Debut of 89.5%-Held Unit
Wall Street Journal, The | 35 days 6 hours 54 minutes ago
SEOUL -- South Korea's Posco Engineering & Construction, 89.5% held by steelmaker Posco, said Tuesday it will postpone its initial public offering plan indefinitely because it couldn't strike the price it had sought.

OCTOBER 21, 2009 Posco Postpones Market Debut of 89.5%-Held Unit
Barron's (subscription required) | 35 days 6 hours 37 minutes ago
SEOUL -- South Korea's Posco Engineering & Construction, 89.5% held by steelmaker Posco, said Tuesday it will postpone its initial public offering plan indefinitely because it couldn't strike the price it had sought.