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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (2333)2/23/1998 10:33:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 9980
 
Mohan, the question is, however, after the chaebols sell all their jewels, is there anything left to rebuild their empires? Daewoo, I believe sold 50% stake of their automotive division to GM for what seems to me to have been "peanuts". Of course, it depends on what share of the debt GM is now agreeing to shoulder. These deals lack transparency, so it is tough to decide if these foreign funds injection will leave anything in the hands of the Koreans.

Zeev