If Ssangyong were to be returned to the Daewoo portfolio, which it left when Daewoo Motor was taken over by its creditors, the position of its new importer and network for the Rexton SUV in the UK would be affected. However, bids from alternative firms besides GM and another candidate already mentioned – Renault – may be received by the vendors' closing date of 11 December. Renault Samsung has no 4x4 in its single platform Korean offering.
The likely cost of acquisition based on Ssangyong's current share price is reportedly about $625 million.
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