Broker Sale Is Said to Be Near

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Broker Sale Is Said to Be Near

The Hyundai Group and American International Group, a potential U.S. investor, are reportedly near a deal on Hyundai Investment Trust and Security.

"The negotiations have gained momentum since the middle of last month, and the two parties will likely settle the deal by the middle of this month," a senior government official said Wednesday.

The Hyundai Group and AIG are trying to set a sale price for Hyundai Securities' holdings in Hyundai Investment.
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