Hyundai Motor family sold $1.1 bn stake in affiliate: Sources
The chairman of Hyundai Motor Co and his son successfully sold their entire 13 percent stake in shipping and logistics affiliate Hyundai Glovis Co Ltd offered in a block deal worth about 1.16 trillion Korean won ($1.07 billion), two persons with direct knowledge of the matter said on Friday.
Feb 06, 2015, 05:05 AM IST