Hynix Creditors To Seek Bids for Controlling Stake
An official of Hynix creditor Korea Exchange Bank told the Wall Street Journal on Sept. 7 that 43 local companies will be asked to file preliminary bids. Creditors initially had reached out to both local and foreign investors, but only local ones expressed interest, according to the newspaper.
The collected preliminary bidders then will undergo a final round of...
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