Showing posts with label south korea. Show all posts
Showing posts with label south korea. Show all posts
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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