The schedule for the main bidding for IGIS Asset Management, the largest real estate asset management company in Korea, has been finalized. The advisory firms Morgan Stanley and Goldman Sachs conducted a preliminary bidding on August 13, and selected Hanwha Life and Heungkuk Life as the shortlisted candidates. On August 29, they sent out a process letter to notify the candidates that the final bidding for the IGIS management rights will be held on October 31, about two months from now. The IGIS acquisition battle will take place between Hanwha Life and Heungkuk Life. When bidding began, Daishin Securities, which had shown interest in the acquisition of IGIS for […]