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Finance / Angola

Daewoo Shipbuilding Continues Diversification With Angolan Investment

October 2010 | M&A Analysis

Daewoo Shipbuilding & Marine Engineering (DSME), one of South Korea's largest shipbuilding companies, has taken a 30% stake in Porto Amboim Estaleiros Navais Limitada (PAENAL), a shipyard in Angola. CFW notes that this is not the first African investment by DSME.

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