No Artificial Plan for Merger, Abolition of Shipbuilding, Steel and Petrochemical Companies – BusinessKorea
The government mapped out a restructuring plan to give financial and tax support to self-restructuring companies without the artificial merger and abolition of shipbuilding, steel and petrochemical companies. With an eye towards inducing R&D and M&A, the government is planning to make good use of the Korea Development Banks financial power. Although the date is…