Saturday 19 May 2012

All posts tagged Ssangyong Motor

Mahindra, Ruia submit offers in Ssangyong sale

Three companies submitted offers for the acquisition of Ssangyong Motor, the listed South Korean auto maker, before yesterday’s deadline, Yonhap News reported.
The unsourced report claimed that Ruia Group, the Indian conglomerate, Mahindra and Mahindra (M&M), the Indian automotive giant, and the …

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Mahindra expected to make $480 mil. bid for Ssangyong

The Economic Times reported today that Mahindra & Mahindra (M&M) is likely to put in a bid of around $480 million for acquisition Ssangyong Motor as part of

M&M authorizes bid for Ssangyong Motor

Mahindra & Mahindra, the India-based automobile company, informed the Bombay Stock Exchange on 7 August 2010 that the board of directors of the company, at its

Ruia Group to submit bid for Ssangyong August 10

Ruia Group, which controls tyremakers Dunlop Ltd and Falcon Tyres, will make a bid for troubled South Korean carmaker Ssangyong Motor by Aug 10, a spokesman for the Ruia

Ssangyong extends bid deadline

South Korean automaker Ssangyong Motors announced yesterday (July 13) that it has decided to extend the bid deadline by three weeks to 15:00, August 10, from the

Mahindra finishes due diligence on Ssangyong, Ruia needs more time

Two bidders have completed due diligence on Ssangyong Motor, the listed South Korean car maker, reported the Seoul Shinmun Daily. The unsourced report claimed that Mahindra & Mahindra, the

Seriousness of Renault-Nissan’s bid for Ssangyong questioned

Doubts have surfaced over the seriousness of Renault-Nissan's bid for Ssangyong Motor, the South Korean carmaker, reported Money Today. The report cited a source at an unidentified accounting firm,

Renault-Nissan seeks to expand production in Korea

Renault-Nissan's bid to acquire South Korea-based Ssangyyong Motor will enable it to expand production in South Korea, reported the Nihon Keizai Shimbun. The report cited Renault-Nissan president and chief

Six out of the seven bidders shortlisted in Ssangyong sale

Six companies were shortlisted out of the seven bidders in the sale of Ssangyong Motor, the listed South Korean car maker, reported Maeil Business. The report credited Ssangyong and

Renault-Nissan, Mahindra among seven bidders for Ssangyong Motor

Seven companies have submitted LOIs to acquire Ssangyong Motor, eDaily reported, citing several sources involved in the auction. The potential bidders include Renault-Nissan, India's Mahindra and Ruia Groups respectively,

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