.
MergerLinks Header Logo

New Deal


Announced

Yuamco to acquire STX Offshore & Shipbuilding.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For95%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Marine Transportation

South Korea

Majority

Domestic

commercial ships

Acquisition

Single Bidder

Private

Friendly

Pending

Private Equity

Synopsis

Edit

Yuamco agreed to acquire STX Offshore & Shipbuilding, a company offering commercial ships services, from Korea Development Bank, Export-Import Bank, Nonghyup Bank, and Woori Bank. Financial terms were not disclosed. Yuamco-KHI consortium will start to normalize the company through a paid-in capital increase. STX Offshore & Shipbuilding may face difficulties in discussing investment conditions such as reducing fixed costs, but it is expected that the investment attraction work will be completed in the first quarter of next year.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US