preliminary bidding Archives

Hanon Systems Receives Preliminary Bids for Controlling Stake from Foreign Firms

SEOUL, June 22 (Korea Bizwire) — French automotive parts maker Valeo and three other foreign firms have submitted preliminary bids for a controlling stake in automotive thermal management systems and automotive parts maker Hanon Systems, while local players have decided against the move, sources said Tuesday. Valeo, a key rival of Hanon Systems, and German [...]

SK Telecom, Lotte, Emart, MBK Partners Join Preliminary Bidding for eBay Korea

SEOUL, March 16 (Korea Bizwire) — South Korea’s No. 1 mobile carrier SK Telecom Co., retail giant Lotte Group and others submitted preliminary bids on Tuesday to buy eBay Korea in a deal that could fetch some 5 trillion won (US$4.42 billion) and bring a seismic change to the fiercely competitive e-commerce sector, industry sources [...]