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Report: Dongwon eyes IPO for StarKist, other divisions to finance bid for shipper

South Korean seafood giant Dongwon Industries is planning an IPO of StarKist, its US tuna operation, to finance a KRW 5tr bid for HMM, the country’s largest shipper

By Undercurrent News | Sept. 18, 2023 17:43 BST
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South Korean seafood giant Dongwon Industries is planning an initial public offering (IPO) of StarKist Company, its US tuna operation, to finance a KRW 5 trillion ($3.8 billion) bid for HMM, the country’s largest shipper, reports Pulse News. [...]

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