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Ruia to decide on Ssangyong bid in 3 days
A logo of Ssangyong Motor is seen at a branch shop in Seoul May 28, 2010.
Credit: Reuters/Truth Leem/Files
KOLKATA |
KOLKATA (Reuters) - Ruia group will take a decision on whether to make a bid for troubled South Korean automaker Ssangyong(003620.KS) in the next three days, its chairman said on Thursday.
"We are yet to take a decision on whether to make a bid for Ssangyong or not. We are evaluating...we will decide in the next three days," Pawan K. Ruia told reporters.
The Kolkata-based group along with Renault-Nissan and Mahindra & Mahindra(MAHM.BO) are among the six shortlisted bidders for Ssangyong.
(Reporting by Niladri Bhattacharya; Editing by Harish Nambiar)
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