As Ssangyong Motor's search for a new owner is narrowed down to a two-way race, it is expected to be outlined by the end of this month.
According to the auto industry on the 22nd, the acquisition of Ssangyong Motor has entered a new phase as three electric car makers have put forward their last challenges.
The industry's interest in the acquisition of Ssangyong Motor continues, although SM Group, the top 40 in the business community, has been somewhat dampened by its announcement of its absence at the last minute.
Ssangyong Motor Co. and EY Hanyoung Accounting Corp., the sales manager, will select and notify one preferred bidder and one preliminary bidder around the 29th of this month.
Ssangyong Motor is working on the selection based on the acquisition proposal. In particular, it is said to have focused on the financial capacity sector, including funding evidence, investment agreements, and bank payment guarantees.
In the main bidding, the EL B&T consortium reportedly spent 500 billion won, the Edison Motors consortium spent late 200 billion won and Indy EV spent around 100 billion won, respectively. For this reason, two places except Indy EV are expected to compete.
Reporter Lee Ji-sun stockmk2020@gmail.com
