Korea Dragon auction sale program starts to introduce new shareholders
Yesterday, Korea SsangYong motor launch auction announcements, launched the auction sale, the introduction of new shareholders. At present domestic enterprises in Korea and India in a Corporation interested in competing for the Dragon's control.
Double Dragon by public auction will be conducted in Korea, the auction of underwriters is Samjong KPMG and Macquarie Securities.
This reporter has learned that, from today onwards, the underwriters of the start of the consultation, potential investors and to accept the letter of intent for the acquisition, the work will be to 28 closing this month. Received after purchasing intentions, underwriters will be on the qualification of potential investors, and then select the object, then priority negotiation and signing of a memorandum of understanding on priority object. After that, the investor for the formal signing of due diligence, investment contracts. (Reported by Yang opened so)