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Edison Motors chief indicted for profiting from alleged stock price manipulation

The chief of Korean electric bus maker Edison Motors has been indicted on charges of gaining illegal profits from stock trading after the share price of a subsidiary rose during the company s attempt to acquire SsangYong Motors, officials said Tuesday. ....

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South Korean EV Start-up Edison Motors Buys Troubled Ssangyong in $254.7 Million Takeover Deal

A major deal has transpired in South Korea to start the year with the country's bankruptcy court approving electric vehicle start-up Edison Motors Co.'s acquisition of struggling carmaker Ssangyong Motor Co in a $254.7 million takeover deal. ....

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Korean EV Start-Up Edison Buys Struggling SsangYong

Since June 2020, majority stakeholder Mahindra & Mahindra has been seeking to unload its 75% stake in forlo. ....

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Edison Motors may complete SsangYong merger and acquisition deal this week: Report

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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