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
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