Hyundai Group fails in $4.8 bln bid for Hyundai E&C

Newswire

SEOUL, Dec 20 (Reuters) - Shareholders of Hyundai Engineering & Construction have agreed to disqualify Hyundai Group as preferred bidder in a $4.8 billion deal to buy control of the country's largest builder, leading shareholder Korea Exchange Bank said on Monday. The takeover deal for a 35 percent stake in Hyundai E&C collapsed amid doubts over Hyundai Group's financing plans of its around 5.5 trillion won offer. Hyundai E&C shareholders have also agreed to decide later ...

Premium Content (PAID Subscription Required)

"Hyundai Group fails in $4.8 bln bid for Hyundai E&C" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 10, 2017
Video
WardsAuto

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×