SOUTH KOREA: Ssangyong Motor creditors fail to find buyer
It is reported by Dow Jones that creditors of South Korea's Ssangyong Motor Co. have thus far failed to find a buyer in their recent attempts to sell the SUV maker. Citing as source an official from Chohung Bank (Ssangyong's major creditor) the report adds that a new round of consulting for the firm's restructuring will now take place. After that a further investor may be sought.
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