이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Five preferred bidders shortlisted for Kumho Tire
- Collected
- 2016.11.17
- Distributed
- 2016.11.21
- Source
- Go Direct
The five finalists are all said to be non-Korean. Financial entities also were all excluded, according to bank sources on Tuesday.
But the shortlist does not have any of the names of the top four majors including Bridgestone Corp. of Japan and France-based Michelin despite rumors.
The preferred bidders have two months to conduct due diligence and present a final bid by January.
The heated race for Kumho Tire raised expectation that the bid price could go up as high as 1 trillion won ($869 million).
A failed auction, however, would help Kumho Asiana Group Chairman Park Sam-koo hoping to redeem the former flagship company of Kumho Group by exercising his right of first refusal to buy Kumho Tire.
By Hong Jang-won
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]