UPDATE 3-South Korea seeks to arrest Hyundai Motor head

Newswire

(Adds more prosecutor quotes, background, updates shares) By Cheon Jong-woo and Lee Jin-joo SEOUL, April 27 (Reuters) - South Korean prosecutors sought an arrest warrant on Thursday for the chairman of Hyundai Motor on charges of misusing company funds, striking a blow to the country's family-run chaebol conglomerates. Analysts fear the arrest of chairman Chung Mong-koo could create a leadership vacuum at the country's top car maker and derail its ambitions to become the world's ...

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