Norwegian shipping and investment group Wilh Wilhelmsen Holding is seeking to take full control of a subsidiary that controls a significant chunk of South Korean shipowner Hyundai Glovis.
Oslo-listed investment vehicle Treasure holds 11% of the Seoul-based car carrier, tanker and gas ship specialist, a stake worth $528m.
Wilh Wilhelmsen, led by Thomas Wilhelmsen, in turn has 77.96%
