Hyundai Mobis makes HL Green Power a wholly owned subsidiary

Several South Korean media sources reported that Hyundai Mobis Ltd. (Hyundai Mobis) will acquire a 49% stake or 2,842,000 shares in HL Green Power, Inc. from LG Energy Solution, Ltd. The acquisition cost will be KRW 28.5 billion, and the transaction will take place in July 2021. After the share acquisition, HL Green ....

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