Monday, November 15, 2010
Daewoo Electronics Bought by Iranian Company
Entekhab Industrial Group just bought Daewoo Electronics. Daewoo used to be a giant conglomerate who made everything from cars and electronics to AK-47s and supertankers. They had some financial problems in the 1990s and several of their subsidiaries were spun off. Daewoo Electronics was bought for about $518 million.
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