Take-over Of KIA
In July 1998,
the government and the creditor banks offered
a public bidding for selling out the Kia group.
At the 3rd bidding round,
it was determined in November 1998 that Hyundai which offered the most favorable terms took over the Kia group.
10 In December,
Hyundai finally signed a contract with the Korean Development Bank, regarding the acquisit
INTRODUCTION
Nowadays, and more than ever with this financial crisis that does not seem to end and create more and more losses every day, it is very crucial for companies to settle a long term strategy but also a back-up strategy to face problems such as the ones they could face during those times. A company has to have a strategy in order to be able to focus on the main points of the compan
1. General information and histories of SK-Sovereign Dispute
Summary of the dispute between SK Corp. and Sovereign.
① In 2003, 4,3, when SK corps was in really bad situation because of the constraint of Choi who was the owner of the company and accounting embellishment of SK Global, an unknown foreign fund 'Crest Securities' surprisingly announced officially that they were having 14.99% of S