Hyundai Motor planning to sell stake in Hyundai Mobis
11-19-2009, 04:07 PM
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Hyundai Motor planning to sell stake in Hyundai Mobis
To comply with anti-trust rules, Hyundai Motor Co. is planning to sell its stake worth 231 billion won ($200 million) in partsmaking affiliate Hyundai Mobis. As part of conditions to merge Hyundai Mobis with Hyundai Autonet, Hyundai is seeking to act in accordance with fair trade regulations and is set to unload its entire 1.68 [...]
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