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Hankook Tire to acquire Hanon Systems in 2024

Several South Korean media sources reported that Hankook Tire & Technology Co., Ltd. agreed to acquire Hanon Systems Co., Ltd. Hankook Tire will purchase a 25% stake in Hanon Systems from its largest shareholder, Hahn & Company. It will also buy 12.2% of new shares, which is to be issued for a paid-in capital increas....

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