Tag: Hyundai
Singapore: Hyundai working with regulator on Daewoo shipyard merger
Hyundai Heavy Industries stated it was working with Singaporean regulators to alleviate concerns of its US$2 billion merger with rival shipbuilder Daewoo crimping competition...
South Korea: Hyundai Development wins bid for Asiana
South Korean builder Hyundai stated on Tuesday, November 12, its consortium has been picked as the preferred bidder for a controlling stake in Asiana...
India: Hyundai, Kia investment in Ola hits regulator roadblock
South Korean automobile maker Hyundai and its affiliate Kia Motor’s US$300 million investment in Ola might have hit a roadblock due to the cab-hailing...
India: Hyundai, Kia Motors to buy stake in India’s Ola Electric
South Korean automakers Hyundai and Kia Motors are getting their hands on India’s mobility sector by exploring to acquire stakes in Bengaluru-based Ola Electric...
Japan: Hyundai considers shipbuilding merger
South Korea's two largest shipbuilders are pushing ahead with plans for a merger even as trade tensions with Japan raise concerns that politics could...
Japan: HHI-DSME takeover causes concern
Amid the growing political and economic row between South Korea and Japan, Hyundai Heavy Industries (HHI) faces fresh concerns over its decision to acquire...
South Korea: Hyundai starts process to earn approval on Daewoo...
Hyundai Heavy Industries Group, a major South Korean shipbuilding conglomerate, said Monday it has officially started the process to earn approval from anti-trust regulators...
South Korea: Aramco buys $1.2 billion stake in refiner Hyundai
State-owned Saudi Aramco has agreed to buy a 1.4 trillion won (US$1.2 billion) stake in South Korean oil refiner Hyundai Oilbank, reported the Wall...
South Korea: World’s two biggest shipbuilders to combine in US$2B deal
Hyundai, the world’s biggest shipbuilding group, has announced a share swap deal worth 2.1 trillion won (US$1.98 billion) to take over second-ranked Daewoo and...
US/South Korea: Proxy advisor Glass Lewis urges vote against Hyundai merger
US proxy advisor Glass Lewis on Monday, May 14, recommended shareholders reject Hyundai Mobis proposed spin-off merger plan, citing "questionable business logic" and "inadequate...