Bidders circle again as Dongwon revives hunt for HMM

The race to acquire state-controlled South Korean flagship HMM is heating up once again. Two years after the first sale attempt failed, Dongwon Group, South Korea’s largest fishing company, has signalled its renewed interest, stirring up the market.  Although the company’s valuation has soared to as much as KRW10trn ($6.8bn), steelmaker POSCO, HD Hyundai, Hanwha …