(AFX UK Focus) 2009-09-29 03:05 Hyundai Heavy picked to buy Hyundai Corp -creditor (Interactive Investor)

Posted on September 30, 2009
Filed Under Creditor |

SEOUL, Sept 29 (Reuters) - South Korea’s Hyundai Heavy Industries was picked to buy trading company Hyundai Corp, Korea Exchange Bank, a leading creditor of Hyundai Corp, said on Tuesday. A consortium led by STX Group, in which STX Corp is the de-facto holding company, had also also submitted a a bid for Hyundai Corp but pulled out of the deal.

Source:(AFX UK Focus) 2009-09-29 03:05 Hyundai Heavy picked to buy Hyundai Corp -creditor (Interactive Investor)

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