07.07.2011 - Hyundai Heavy says it will not bid for Hynix
STX Group, a South Korean shipping and shipbuilding conglomerate, said Wednesday that it has an interest in bidding for a 15 percent stake in Hynix Semiconductor Inc. as part of efforts to diversify its business. "The group is considering submitting a letter of intent to buy Hynix and conducting due diligence. But if the results do not meet our expectation, we would not join a final bidding," said an official at STX Group..............................................Full Article: Source
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