Hyundai Heavy Industries Group closed a deal to acquire 30 percent of Doosan Infracore for 690.9 billion won ($600 million) through its Hyundai Genuine subsidiary.
Hyundai Heavy Industries Group confirmed it has bid to acquire Doosan Heavy Industries & Construction’s shares in construction heavy equipment maker Doosan Infracore.
Ever since the Covid-19 outbreak earlier this year, Doosan Group has been busy trying to sell off assets to improve its financial structure.
Korea JoongAng Daily Sitemap