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January 1, 1997 | Times Staff and Wire Reports
Samsung of South Korea lost a chance to revive its failed bid to take over Dutch aircraft maker Fokker when other airplane makers rejected its offer to form a consortium. The three proposed partners--Hyundai, Hanjin and Daewoo--have notified the South Korean government that they will not join Samsung Aerospace Industries Ltd., the Trade Ministry said. Expectations that the rival South Korean companies would join hands had been small.
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BUSINESS
January 1, 1997 | Times Staff and Wire Reports
Samsung of South Korea lost a chance to revive its failed bid to take over Dutch aircraft maker Fokker when other airplane makers rejected its offer to form a consortium. The three proposed partners--Hyundai, Hanjin and Daewoo--have notified the South Korean government that they will not join Samsung Aerospace Industries Ltd., the Trade Ministry said. Expectations that the rival South Korean companies would join hands had been small.
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