"Kumho Tires Kumho Asiana Group Chairman Park Samgu of the argument, which began last month related consortium Appeal [hyomun financial newspaper reporters standing in Korea - are considered strategic due to the acquisition funding difficulties. If you have enough money, there is no need to bother trying to foil President Kumho Tire acquired through a consortium. That is, should there was a difficult process this fund. Accordingly, we see unfolded yeoronjeon unavoidable "- the tire industry stakeholders.
This hiatus is expected to Kumho Group rebuilding "Kumho Asiana Group Chairman Park Samgu of the (photo). Industrial banks are creditors of Kumho Tire, Kumho Tires was the emphasis has failed in the last argument of the notice, the group that rebuilt abandon the first copies to the President exercising the 25th double-Star Park.
Arguments of the night was foreseen from the President failed last month. He said, "I will give up the priority right number of events does not allow the consortium to Licensee First Purchase" held an emergency press conference on February 13, and he said. It has put the consortium was counterintuitive equity between the preferred bidder (Double Star) and the first number of licensees (Chairman Park Samgu) was the official said.
However, the industry has reported that night the president if sufficient arguments put money on the 'consortium Allow "would not conflict with the creditors. Only creditors, "it will allow you to demonstrate the ability of the funding consortium Chairman Park configured" to hold a shareholders meeting on April 29 to support the conclusion that instead of taking it Viscosity he disagrees, saying "not worth reviewing talk."
Industry official said, "said Park Samgu president begins to develop doubts over whether it is struggling to raise acquisition funds from the time to appeal to the consortium allowed the first number of licensees from last month," said "consortium funding ability of creditors it was a night meeting to request proof of protest can be seen as evidence of funds provided arguments fail, "he said.
Daily Economic News Finance FNTIMES - commercial reprint, copy, distribute prohibited purposes under the Copyright Act
Copyright ⓒ Korea's Financial News & FNTIMES.com
