S.Korea Halla Eng to bid for parts maker Mando

Newswire

SEOUL, Nov 17 (Reuters) - South Korea's Halla Engineering & Construction Corp. will enter the bidding for local auto parts maker Mando Corp., the builder said on Thursday. Hyundai Motor , South Korea's top auto maker, had been considered the sole remaining bidder for unlisted Mando after Germany's Siemens and U.S.-based TRW Automotive Holdings Corp. backed out of negotiations. Mando, a maker of brake and steering systems, was put up for sale early this year by a consortium of buyout ...

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