Hankook Tire plans to reorganize  [ Korea ]

Hankook Tire announced plans to reorganize under a holding-company structure due to its corporate divesture. The holding company, which will be named Hankook Tire World Wide, Co., Ltd., will be in charge of managing the group subsidiaries as well as handling investments. Hankook Tire will still specialize in the tire business. The divesture is scheduled to take place on September 1, 2012. (From...