[Alpha Biz=(Chicago) Reporter Kim Jisun] Winia, which is in the process of corporate rehabilitation, has begun the sale process to proceed with mergers and acquisitions.

Winia announced on the 12th that it will announce an open competition bid as the first official procedure for M & A on the 15th. Winia and Samil Accounting Corporation, the sales manager, plan to select a preferred bidder after a preliminary review in early March. A company participating in a bidding shall submit a letter of intent to take over and a confidentiality confirmation letter by the 16th of next month. The target date for the investment contract is April.

Winia plans to pursue M & A before approving the rehabilitation plan to repay the rehabilitation bonds early and attract stable operating funds. The sale will be carried out in the form of a third-party allocation paid-in capital increase.

 

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