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Hyundai in talks to sell stake in logistics unit

Published Mon, Jun 9, 2014 · 10:00 PM
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[SINGAPORE] Hyundai Group, the South Korean conglomerate planning to raise 3.3 trillion won (S$4 billion) from asset sales to ease a cash crunch, is in talks to sell a stake in its logistics unit to Orix Corp in Japan.

The details, price and…

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Transport & Logistics

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