Mass production of Ssangyong Motor’s Torres begins on the 27th…The first step to business normalization
On the 27th, Ssangyong Motor started mass production of the mid-size sports utility vehicle (SUV) ‘Torres’, taking the first step towards normalization of business. Ssangyong Motor will return all its employees, who took unpaid leave last year, to the site for smooth production of the Torres, which exceeded 20,000 pre-contracted units in two weeks. Ssangyong […]
[단독]Ssangyong Motor M&A, 50 billion won DIP financial obligation ‘verification of authenticity’
Taking advantage of the success of Ssangyong Motor’s M&A, which has emerged as a ‘people’s deal’, the sales agents rolled up their arms to revive Ssangyong Motor. If they fall out of the Ssangyong takeover battle, it is interpreted that the seller is making the most of the situation where the candidates who have been […]
[단독]Ssangyong Motor M&A, preliminary takeover decision decided on the 13th
Ssangyong Motor’s preliminary takeover will be decided on the 13th. [사진=연합뉴스] According to the investment banking (IB) industry on the 6th, the submission of a letter of intent (LOI) for Ssangyong Motor, which is being sold through a stalking hose method, will close on the 11th and a preliminary acquirer will be decided on the […]
Ssangbool “Funding, hand in hand with a new securities company”
According to the investment banking (IB) industry on the 13th, SsangBul Group is pursuing a method of replacing the vacant position of the organizer caused by the departure of KB Securities by a new securities company. SsangBul Group planned to raise 450 billion won in acquisition funds through equity capital raising, such as a rights […]
Ssangyong-KH, face-to-face in the takeover battle for Ssangyong Motor… Submitting a letter of intent
Kwanglim, a special equipment automobile affiliate of the Ssangbool Group, formed a consortium with KH Phillux, an electronic component, material and lighting affiliate of KH Group, to acquire Ssangyong Motor. According to the SsangBall Group on the 11th, the SsangBallung-KH consortium submitted a letter of intent to take over to Ssangyong Motor and EY Hanyeong, […]
[백브리핑AI] KG Group, SsangBall, who owns Ssangyong Motor… Resale begins
[인포스탁데일리=김현욱AI 앵커] Ssangyong Motor is going through resale process. It will start this week at the earliest. As Edison Motors collapsed in the merger and acquisitions, KG Group and Ssangbull appeared as new acquisition candidates. It is pointed out that this takeover battle will be transformed into a battle to secure the site of the […]
Ssangyong Motor to re-sale with ‘stalking hose’ method… KG·Ssangbool 2 Pajeon
Stalking Horse, select the right buyer first and proceed with competitive bidding… Stability guarantee and competition inducement effect ▲Ssangyong Motor Pyeongtaek factory main gate (Photo courtesy of Ssangyong Motor) Ssangyong Motor, which is looking for a new owner, will start the resale process this week. As the sale is pursued in the ‘stalking horse’ method, […]
Ssangbool submits letter of intent to take over Ssangyong Motor… Selected as a purchasing advisory firm Samil PwC
[출처-금감원 전자공시] Ssangyong Group has submitted a letter of intent to acquire Ssangyong Motor to EY Hanyoung Accounting Firm. According to the investment banking (IB) industry on the 8th, it is understood that SsangBall Group has submitted a letter of intent (LOI) to EY Hanyoung through Samil PwC after selecting Samil PwC as its purchasing […]
Ssangbool Group “Preparation for Ssangyong Motor Acquisition Payment Completed… Profit Realization is Misleading”
Ssangyong Group has completed preparations to finance the acquisition of Ssangyong Motor. According to the SsangBall Group on the 7th, Kwanglim, a special equipment car maker, completed preparations to finance the acquisition of Ssangyong Motor through KB Securities and Eugene Investment & Securities and started the full-scale acquisition. Kwanglim said, “We have secured a stable […]
[단독] Ssangbool Group is likely to procure equity capital for the acquisition of Ssangyong Motor
Contrary to the expectation that the acquisition will be financed by financing, SsangBall Group is expected to prepare to acquire Ssangyong Motor by increasing its equity capital. It is not that the shrimp will take over the whales, but that the shrimp will become whales and take over the whales. As for the method, it […]
