All posts tagged Daewoo Electronics
Daewoo to return deposits to Entekhab
Maeil Business News has reported that the creditors of Daewoo Electronics have decided to return the deposits that preferred bidder Entekhab paid earlier this year. The creditors likely made this decision in reaction to Entekhab’s lawsuit against the former, in …
Daewoo’s creditors deny Electrolux, may restart sale
According to Maeil Business News, the creditors of Daewoo Electronics have ended talks with Electrolux after the Swedish electronics maker demanded a discount greater than 5 percent and
Creditors may sell Daewoo Elec. to Electrolux AB
Various news sources have reported that the creditors of Daewoo Electronics may be looking for a new buyer for their collective 97.5 percent stake. According to the Korea
Electrolux could pick up falling Daewoo Electronics
Repeated failures to sell Daewoo Electronics have significantly deteriorated the value of the company. Daewoo Electronics, one of Korea’s top three appliance makers, was once worth an
Entekhab’s acquisition of Daewoo Electronics in jeopardy
The creditors of Daewoo Electronics, one of South Korea’s top three appliance makers, have failed to finalize the deal with selected preferred bidder, Iranian h0me appliance maker Entekhab,
Deadline for sale of Daewoo Electronics Extended
MK Business news has reported that creditors of Daewoo Electronics have postponed the sale for another month. The creditor group for Daewoo Elec. has granted Enteckhab Industrial Group,
Entekhab Industrial requests postponement of payment for Daewoo Electronics (updated)
Entekhab Industrial has once again requested postponement in the payment for the acquisition of Daewoo Electronics the privately held South Korean electronic appliance maker to its creditors. A report
Daewoo Electronics creditors to extend deadline for Entekhab Industrial to raise funds
Daewoo Electronics' creditors have extended the fundraising deadline for Entekhab Industrial for a potential acquisition of the unlisted electronic appliance maker to until 7 February. An item in the
Entekhab Industrial seeking investors to finance acquisition of Daewoo Electronics (Updated)
Entekhab Industrial plans to issue KRW 155bn (USD 137m) in convertible bonds in Daewoo Electronics, to finance the acquisition of the unlisted South Korean appliances maker, reported Money
Daewoo Electronics’ creditors sign agreement with Entekhab
Creditors to Daewoo Electronics, the unlisted South Korean appliances maker, have signed a sale agreement with Iran-based Entekhab Industrial, reported Yonhap News. The paper cited a spokesperson for the
