News
Videocon Still Wants Daewoo
Published: 17 December 2007
by Staff
Videocon chairman and managing director Venugopal Dhoot said, “We have diversified our interests in energy and power sectors. We may not be interested in pursuing [Daewoo] if the price is very high."
Last year, Daewoo creditors blocked a Videocon bid, refusing the consumer electronics OEM’s request to lower the $700 million original offer by 13%.
