KM Financial Solutions | S.Korea antitrust chief says activist Elliott’s demand on Hyundai “inappropriate”
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S.Korea antitrust chief says activist Elliott’s demand on Hyundai “inappropriate”

S.Korea antitrust chief says activist Elliott’s demand on Hyundai “inappropriate”

SEOUL, April 26 (Reuters) – South Korea’s antitrust chief on
Thursday said U.S. activist fund Elliott Management’s proposal
for Hyundai Motor Group to adopt a holding company structure is
“inappropriate” and, if implemented, would be in violation of
antitrust law.

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