JTBC to "Announce Sale in October"... Ernst & Young Confirmed as Lead Manager
4 Articles
4 Articles
JTBC, which is currently undergoing corporate rehabilitation proceedings, announced that it has finalized its sale advisor and will issue a sale notice within this month. JTBC stated in a press release on the 14th that it has confirmed Ernst & Young as its sale advisor. JTBC said, “England, as a court investigator, [referring to] JTBC’s current status and
(Seoul = Yonhap News) Reporter Ko Ga-hye = JTBC, a general programming channel currently undergoing corporate rehabilitation, has confirmed Ernst & Young as its lead manager for the sale and is beginning full-scale sale operations...
JTBC, currently undergoing rehabilitation proceedings, is set to embark on a full-scale merger and acquisition (M&A) process prior to the approval of its rehabilitation plan. This follows the court's acceptance of JTBC's application to select a lead manager for the sale. According to investment banking (IB) and legal circles on the 14th, the Seoul Rehabilitation Court approved JTBC's application to select EY Han Young as the lead manager. This c…
(Seoul = Yonhap News) Reporter Ko Ga-hye = JTBC, a general programming channel currently undergoing corporate rehabilitation, has confirmed Ernst & Young (England) as its lead manager for the sale and is embarking on a full-scale sale process. On the 14th, JTBC stated, "As Ernst & Young has already grasped JTBC's current status and key businesses as a court investigator, we expect that a swift merger and acquisition (M&A) process will be possibl…
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