Ssangyong Motor

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mna

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Title M&A notice
Date 2021-06-28

 

We herewith announce that Ssangyong Motor Company filed for a corporation rehabilitation, which was accepted by the Court on April 15, 2021. The Company is working on improving its financial structure for an early repayment of its liabilities and ending the receivership in the nearest foreseeable future.

 

 

 

 

Stakeholders of the Company, i.e. employees, shareholders, customers, potential investors may refer to the M&A Information board in the Companys homepage for further information on the Companys M&A-related developments.

 

 

 

 

Meanwhile, the Company has selected Ernst&Young Korea as its M&A advisor which was approved by the Court on June 7, 2021.

 

 

 

 

For more information, please contact the M&A Team at Ssangyong Motor at +82.31.610.1365, +82.31.610.1368, +82.31.610.1372

 

 

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