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POSCO likely to withdraw bid for Dongbu package deal

2014-06-17 13:02:20| Steel - Topix.net

POSCO is likely to abandon its bid to acquire Dongbu Incheon Steel and Dongbu Dangjin Plant - two facilities belonging to the troubled Dongbu Group - following the unexpected downgrade of its credit rating last week by local assessment agencies.

Tags: deal package bid withdraw

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