The Korea Herald


Seoul court likely to seek sale of STX Offshore

By 최희석

Published : Oct. 18, 2016 - 13:34

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[THE INVESTOR] STX Offshore and Shipbuilding may be sold off before its revival plans are approved, according to news reports Oct. 18.

Citing unnamed sources, the reports said that the Seoul Central District Court is reviewing plans to sell STX Offshore and Shipbuilding in a package deal with STX France, and plans to make a public announcement as early as this week. 

The court reportedly planned to make the announcement on Oct. 18, but pushed back the date in order to take creditors’ views into account.

By Choi He-suk (