Daewoo Shipbuilding buys U.S. windpower firmfor US$50 MLN

SEOUL, Aug 11, 2009 (AsiaPulse via COMTEX) — DWOSF | Quote | Chart | News | PowerRating — Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), the world’s third-largest shipbuilder, said Tuesday it has taken over a U.S. wind power company for US$50 million as part of efforts to diversify its revenue source amid falling new orders.