SEOUL -- After multiple failed attempts to find a buyer for over two decades, talk of breaking up South Korea's Daewoo Shipbuilding & Marine Engineering into two groups has emerged.
Companies
Shipbuilder Daewoo faces breakup calls after 22 years with no buyers
Money-losing South Korean group could be sold off as separate defense, civilian operations
Daewoo, the world's third-largest shipbuilder, has essentially been under South Korean government control since 2000. (Photo courtesy of Daewoo Shipbuilding & Marine Engineering)
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