[Korea's financial standing hyomun newspaper reporter] is imminent execution of this Agreement for the sale of Kumho Tire is expected to Kumho Asiana Group Chairman Park Sam-koo pace of appraisal rights have priority faster. Claims deadline for exercise, but one months after the contract is expected to attract strategic investors gather enough bunjuhi move (SI) in order to secure financial stability.
According to the industry 12 days to conclude that China's tire makers and Double Star 'shares sales agreement (SPA)' Industrial Bank and Kumho Tire selected as the creditors 13 days Kumho Tire preferred bidder for the sale to come.
Reportedly going to sell almost 955 billion won. Dwaeteuna expected to be signed late last month, the original SPA, seems to have agreements in time a little belated.
Chairman of nights you notice the condition after signing the SPA, creditors must make a first appraisal rights within 30 days of the event doctor.
"We will rebuild emphasis arguments Kumho Tires for the group," Chairman Park said side whilst showed a positive argument doctor. Also secured acquisition financing is completed, the current Kumho Tires which was pointed out as an obstacle to the acquisition of the night last month, the president is increasingly likely to return to the bosom of the night venue. He established a special purpose corporation (SPC) called "Invest Kumho's capital 100 billion to recent personal capacity.
Acquisition funding, Kumho Tire Park pace of acquisitions has led President had established the SPC. Being in contact with the current SI to provide a more stable funding. He recruited for the SI situation "in one place or two places, or in a state where many many places and may be trying to help," said reportedly said that "SI is still looking for, and what you can do after an argument over".
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