{"id":56,"date":"2009-02-28T00:30:36","date_gmt":"2009-02-28T05:30:36","guid":{"rendered":"http:\/\/aafeders.com\/blog\/?p=56"},"modified":"2009-02-28T00:30:36","modified_gmt":"2009-02-28T05:30:36","slug":"daewoo-electronics-up-for-sale","status":"publish","type":"post","link":"https:\/\/blog.apartmentsupply.com\/index.php\/2009\/02\/28\/daewoo-electronics-up-for-sale\/","title":{"rendered":"Daewoo Electronics Up For Sale"},"content":{"rendered":"<p>Creditors of South Korea&#8217;s Daewoo Electronics are putting the company up for sale again, after talks with an Indian-led consortium on a proposed deal worth US$746 million failed earlier this year due to a price disagreement.<\/p>\n<p>The creditors will accept bids for the home appliances and television manufacturing arm of the Daewoo Group from Nov. 26-Dec. 17, and preferred bidders would be picked in January, a Daewoo spokesman said.<\/p>\n<p>The creditors had scrapped a plan in February to sell the company after failing to close a deal with a consortium comprising India&#8217;s Videocon Industries Ltd. and RHJ International, the holding company of U.S. buyout fund Ripplewood.<\/p>\n<p>Domestic creditors own 97.5% of unlisted Daewoo Electronics, which was placed under a debt rescheduling program after its parent group went bankrupt in 1999. (Reuters)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Creditors of South Korea&#8217;s Daewoo Electronics are putting the company up for sale again, after talks with an Indian-led consortium on a proposed deal worth US$746 million failed earlier this year due to a price disagreement. The creditors will accept bids for the home appliances and television manufacturing arm of the Daewoo Group from Nov. &hellip; <a href=\"https:\/\/blog.apartmentsupply.com\/index.php\/2009\/02\/28\/daewoo-electronics-up-for-sale\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Daewoo Electronics Up For Sale<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[91,123],"class_list":["post-56","post","type-post","status-publish","format-standard","hentry","category-products","tag-business-sale","tag-daewoo"],"_links":{"self":[{"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/posts\/56","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/comments?post=56"}],"version-history":[{"count":0,"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/posts\/56\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/media?parent=56"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/categories?post=56"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.apartmentsupply.com\/index.php\/wp-json\/wp\/v2\/tags?post=56"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}