Korean Group to Sell Unit To Ease Liquidity Concerns.

Authors :: Kyong-Ae Choi
Source :: Wall Street Journal - Eastern Edition. 6/29/2009, Vol. 253 Issue 150, pB4. 0p. 1 Black and White Photograph.
Publication Year :: 2009
Abstract: The article reports on the plan of Kumho Asiana Group to sell its unit, Daewoo Engineering & Construction Co., to improve liquidity. According to a spokeswoman, the airline conglomerate in South Korea has various options, one of which is to sell a 72 percent stake owned by the group and other financial investors.