Brief: OPmobility To Acquire Hyundai Mobis Lighting Business For KRW 600 Billion
BRIEF-OPmobility To Acquire Hyundai Mobis Lighting Business For KRW 600 Billion Sept 30 (Reuters) - Hyundai Corp 011760.KS:
OPMOBILITY TO ACQUIRE HYUNDAI MOBIS LIGHTING BUSINESS FOR KRW 600 BILLION
AIMS TO COMPLETE THE ACQUISITION IN THE SECOND HALF OF 2027
ACQUISITION IS EXPECTED TO HAVE NO MATERIAL IMPACT ON THE GROUP’S STRATEGY OF DELEVERAGING ON A PROFORMA BASIS
Source text: Full press release
Further company coverage: 011760.KS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00; ))
Recent news on Hyundai Mobis
See all newsBrief: OPmobility Q3 Consolidated Revenue Up To €2.44 Bln
Deals of the day-Mergers and acquisitions
Brief: Opmobility To Acquire Hyundai Mobis' Lamp Business For 600 Billion Won
OPmobility agrees to buy Hyundai Mobis' lighting unit for $443 million (updated)
OPmobility agrees to buy Hyundai Mobis' lighting unit for $443 million