Report: Group chairman ‘will not reacquire’ Kumho Tire

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Seoul – Chairman of Kumho Asiana Group Park Sam-koo has officially declared that he has no intention of reacquiring Kumho Tire, according to a Business Korea report 28 Nov.

The newspaper said Park called an “unscheduled” press conference to help “settle a conflict with Korea Development Bank (KDB)”, the main creditor of Kumho Tire.

Read the source article at European Rubber Journal