The Australian investment bank takes a 41% stake in the Incheon Grand Bridge project in a deal made possible only under support from the Korean government.
The US-based AIG consortium notified the government yesterday (Wednesday) that it intends to invest as much as W1.1 trillion ($944 million) in Hyundai Investment Trust and Securities.
Filipino tycoon Lucio Tan is promising a $200 million investment in PAL in return for government protection from foreign competition. Six weeks ago he was looking to sell out for $200 million.