Korea Exchange Bank, a Hynix Semiconductor shareholder, said that final bids for a 20% stake in the chipmaker company are now be expected by 3 November, two weeks later than originally scheduled, according to Reuters.
This comes as local mobile…
Korea Exchange Bank, a Hynix Semiconductor shareholder, said that final bids for a 20% stake in the chipmaker company are now be expected by 3 November, two weeks later than originally scheduled, according to Reuters.
This comes as local mobile operator SK Telecom has been left as the only bidder after holding company STX Corp decided to withdraw from the race for the Hynix stake.
A KEB spokesman said, a few days ago, that the 20% stake on offer at Hynix would be made up of 6% of the company’s original stock and 14% that came through newly-issued shares.
The company was not immediately available for comment.
