Ssangyong Motor Co. Ltd. is appointing a consortium to handle the sale of the company as an ongoing business entity, a spokesman confirms to Ward’s. The deal will be managed by equity sales-and-research firm Macquarie Securities Group, a unit of the Australia-based Macquarie Group Ltd. that has operations in Korea and 19 other nations; financial advisory firm Samjong KPMG Accounting Corp.; and Shin & Kim, the largest law firm in Korea. Ssangyong is seeking court approval of the ...

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