Its main creditor and major shareholder Korea DevelopmentBank (KDB) is putting the finishing touches to the due diligence process andwill launch a sale in April, reports in Korea say.
Though no price tag has yet been hung on the assets,comprising yards in France and Finland, previous reports indicate they couldfetch in the region of KRW 1 trillion ($936.5m).
The debt-ridden Korean firm has lost over $1bn on itsloan-financed purchase of STX Europe, formerly Aker Yards, in 2008.
It
