11
Jan
14:22
Edison Motors to acquire SsangYong Motor
SsangYong Motor has applied to officially sign the reorganisation agreement with Edison Motors upon the witness of the Seoul Bankruptcy Court, Kallanish discovers.
According to SsangYong Motor, a consortium led by Edison Motors has agreed to acquire it for KRW 304.8 billion ($255.36 million). Meanwhile, Mahindra & Mahindra, SsangYong Motor's Indian parent company, has already cut related investments.
In addition, Edison…
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Anonymous
Very good overview of the weekly steel market.
Anonymous