Monday 23 December 2024
 
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STX

Aabar ties up with Korean firm for Hynix bid

Abu Dhabi state-owned fund Aabar has teamed up with South Korea's STX Corporation to bid for the world's No. 2 memory chipmaker Hynix Semiconductor, a source said. 'Aabar is fine-tuning investment details with STX and three or

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Egypt to buy ships from STX

National Bank of Egypt said it had signed an agreement with South Korea's STX Shipbuilding Co to fund Egypt's purchase of six ships for $251.6 million, according to state news agency Mena. Atiya Salem, vice chairman of National Ba

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