Woongjin Group Considering Sale of Woongjin Polysilicon

On the heels of Woongjin Holdings recent sale of Woongjin Coway to MBK Partners comes a report by Reuters saying that  Woongjin is also considering selling  Woongjin Polysilicon Co, its solar cell division. The sale is a part of Woongjin’s restructuring. While the decision to sell has yet to be made, Woongjin Polysilicon’s creditors, have been reported to have requested the repayment of a 300 billion won loan.

 

Related posts:

  1. MBK Buys Woongjin Coway Stake Local PE fund MBK Partners has won out to buy...
  2. GS Retail and Lotte Submit Bids for Woongjin Coway According to reporting by Reuters, GS Retail and Lotte Group...
  3. Bidders Emerge in Daewoo Electronics Sale Three companies, including Electrolux AB are said to have made bids...

Leave a Comment

Powered by WordPress | Deadline Theme : An AWESEM design