STX Offshore in talks with KDB to sell stake in unit

SEOUL, Oct 29 (Reuters) - South Korean shipbuilder STX Offshore & Shipbuilding (067250.KS) said on Thursday it was in talks with the Korea Development Bank (KDB) to sell a stake in STX Heavy Industries Co.

STX Offshore said in a filing to the Korea Exchange that it had chosen the state-run bank as a prefered bidder, but nothing had been decided.

STX Offshore did not say how much of a stake in the company's unit it would sell. (Reporting by Cheon Jong-woo; Editing by Jacqueline Wong)