Hyundai E&C bidding to close by Nov 12


SEOUL, Sept 24 (Reuters) - Hyundai Engineering & Construction shareholders will close the bidding to sell their $2.1 billion stake in the country's top builder by Nov 12, according to a notice in the newspaper the Korea Economic Daily. Nine shareholders of Hyundai Engineering including Korea Exchange Bank are selling a 35 percent stake in the company, the notice said, noting that they will receive letters of intent by Oct 1. The announcement in the paper on Friday could herald a ...

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