Acquisitions and mergers

Acquisitions and mergers

South Korea Prepares to Auction Daewoo Engineering and Construction

South Korea is poised to launch the auction of Daewoo Engineering and Construction, a key part of the bankrupt Daewoo business empire. The Korea Asset Management Company (Kamco), Daewoo's main creditor, plans to appoint an adviser to sell its 46% stake in Daewoo Engineering to a domestic or

Acquisitions and mergers

Pfizer Considers Sale of 60 Consumer Healthcare Products in Europe

Pfizer, the US drugmaker, is reviewing its consumer product portfolio in Europe, considering the sale of about 60 consumer healthcare products. These products, mostly small brands sold in one country, were acquired through Pfizer's previous acquisitions of US pharmaceutical rivals Warner-Lambert and Pharmacia. The company has hired investment