South Korea: Hyundai Sungwoo Holdings has reportedly made a bid for Hyundai Cement. It joins a shortlist of potential buyers including Ssangyong Cement Industrial, Halla Cement, United Asset Management Company (UAMCO) and IMM Private Equity, according to the Maeil Business Newspaper. Hyundai Sungwoo Holdings, a manufacturer of car parts, was previously part of the same group that also owned Hyundai Cement.
Hyundai Sungwoo Holdings joins queue of bidders for Hyundai Cement
Written by Global Cement staff
Published in
Global Cement News
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.