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POSCO, Hanwha Seen Bidding for Daewoo Int'l

Maritime Activity Reports, Inc.

September 23, 2009

According to a Sept. 23 Reuters report, POSCO (005490.KS) and South Korea's chemicals-to-brokerage group Hanwha are studying a potential bid for Daewoo International (047050.KS), sources close to the companies told Reuters on Wednesday.

(Source: Reuters)