bidder Archives | Be Korea-savvy

Woongjin Coway Sale Takes New Turn After Netmarble Makes Bid

SEOUL, Oct. 11 (Korea Bizwire) — The sale of Woongjin Coway Co., South Korea’s largest home appliance rental service provider, has taken a turn after the country’s top mobile gaming company Netmarble Corp. made an unexpected bid, industry insiders said Friday. Netmarble and the U.S. private equity firm Bain Capital were the two final bidders [...]

Preferred Bidder for Dongbu Daewoo Electronics to be Tapped Soon

SEOUL, Oct. 25 (Korea Bizwire) — The preferred bidder for cash-strapped Dongbu Daewoo Electronics is set to be selected in the near future, industry sources said Wednesday, with candidates including both local and overseas firms. According to the sources, NH Investment & Securities Co., which oversees the deal, is currently conducting due diligence with candidates. [...]