Hyundai Motor block extends group asset sale

Hyundai Heavy Industries and Hyundai Samho Heavy Industries raised $191 million from a clean-up sale of Hyundai Motor shares.

Hyundai Heavy Industries sold its entire shareholding in Hyundai Motor for W226 billion ($191 million) through a secondary block trade late Wednesday as it continues to offload non-core assets as part of a corporate restructuring exercise.

¬ Haymarket Media Limited. All rights reserved.

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