Dongbu Daewoo Electronics

The bid to acquire Daewoo electronics by Videocon-led consortium, which was about to die seems to have breathed life again. Videocon International had insisted on a 15 per cent cut on the original purchase bid of $730 million, has...

The much publicize $730 million acquisition by Videocon-led consortium of Daewoo Electronics may end in the bin if creditors of the ailing Korean company reject a price cut demand by the proposed buyers. Videocon-led consortium which also includes US-based equity...