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Hyundai Motor family raises US$1.1b with stake sale

2015-02-06 15:32:33| Automakers - Topix.net

The patriarch of South Korea's Hyundai Motor group and his heir-apparent have raised $1.1 billion selling their stakes in its logistics arm, officials said Friday. A man in Seoul walks past a branch of Hyundai Motor, whose chairman and vice chairman raised US$1.1 billion by selling their stakes in the company's logistics arm.

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