UPDATE 2-In another push, Elliott calls on Hyundai to boost returns, review assets
12 Nov UPDATE 2-In another push, Elliott calls on Hyundai to boost returns, review assets
Posted at 15:28h
in
News
by KMFSLLP
U.S. hedge fund Elliott Management on
Tuesday renewed pressure on Hyundai Motor Group, calling on the
South Korean company to return $10.6 billion of cash to
shareholders and consider selling non-core assets, including $10
billion of property.
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