Arab Today, arab today kdb other creditors to sell 200bn won worth of stakes in kumho tire
Last Updated : GMT 08:19:34
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KDB, other creditors to sell 200bn won worth of stakes in Kumho Tire

Arab Today, arab today

Arab Today, arab today KDB, other creditors to sell 200bn won worth of stakes in Kumho Tire

Kumho Tire
Sejong - Yonhap

Creditors including the state-run Korea Development Bank (KDB) will sell about 200 billion won (US$194.2 million) worth of stakes in Kumho Tire Co., an industry source said Thursday.
KDB and eight other creditors will offload 17,619,356 shares in Kumho Tire, the country's second-largest tire maker, the source told Yonhap News Agency on condition of anonymity.

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