Hyundai Glovis: if at first you don't succeed

Chung family finally get the money they need to fund succession from father to son after re-launching divestment of shares in Hyundai Glovis, raising $1.064 billion.
Chung Mong-koo
Chung Mong-koo

The heir apparent and current chairman of Korea's second biggest chaebol finally managed to divest a stake in Hyundai Glovis after Thursday's close, nearly one month after the first attempt failed.

¬ Haymarket Media Limited. All rights reserved.

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