Mergers & Acquisitions Mergers & Acquisitions

Hyundai Heavy's Doosan Infracore buyout cleared by South Korean competition regulator

By Jenny Lee
  • 27 Jul 2021 00:20
  • 27 Jul 2021 00:25
A 850 million won ($739 million) deal by a unit of Hyundai Heavy Industries Holdings, Hyundai Genuine, to acquire a controlling stake in Doosan Infracore, South Korea’s largest construction-equipment maker, was given the green light from the country’s competition regulator.

According to a statement issued today by the Korea Fair Trade Commission

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