Friday, March 26, 2021

Korea based Edison Motors in fray to acquire SsangYong

Until now, US based HAAH Automotive was the only potential suitor to acquire SYMC. The South Korean electric vehicle manufacturer, Edison who is understood to have entered the bidding process has prepared an internal report which states that the acquisition of SsangYong would require 500 billion won by 2022.

from Auto-Industry-Economic Times https://ift.tt/3coyCZ6
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