Yonhap Infomax NewsHS Hyosung Advanced Materials is set to select a preferred bidder for its 1.5 trillion won ($1.08 billion) tire steel cord business by month-end, with strong interest from domestic and global investors amid rising demand for EV and SUV tire reinforcements.
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https://en.infomaxai.com/news/articleView.html?idxno=68302
#YonhapInfomax #HSHyosungAdvancedMaterials #SteelCord #Acquisition #PrivateEquity #TireReinforcement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68302
1.5 Trillion Won ‘Cash Cow’—HS Hyosung Steel Cord to Name Preferred Bidder by Month-End
HS Hyosung Advanced Materials is set to select a preferred bidder for its 1.5 trillion won ($1.08 billion) tire steel cord business by month-end, with strong interest from domestic and global investors amid rising demand for EV and SUV tire reinforcements.