Page 30 - ஹிட்டாச்சி கட்டுமானம் இயந்திரங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Global Smart Mining Equipment Market 2020 Opportunity Assessment, Business Opportunities, Top Industry Players, Trend and Growth to 2025
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Hitachi to sell overseas home appliance business to Turkey s Arcelik
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Deal faces potential challenges from Korea’s monopoly regulations, and the fate of Doosan Bobcat is uncertain
December 11, 2020
Doosan Group selected Hyundai Heavy Industries Holdings as the preferred bidder for a 36.07% controlling stake in Doosan Infracore Co. The Korea Economic Daily’s sources say the deal would combine Hyundai Construction Equipment Co. and Doosan Infracore to make the seventh-largest global market share, a size similar to Volvo, Hitachi and Liebherr, among the world’s construction equipment manufacturers.
Pulsenews.co.kr reports Hyundai’s bid was nearly 900 billion won ($827.8 million).
The sale of Doosan Infracore is part of the restructuring process for Doosan Heavy Industries & Construction, which was facing a 4.2 trillion won debt load scheduled to come due before the end of the year. The power plant builder took a major hit when the South Korean government chose to depart from nuclear and coal power.
Smart Mining Equipment Market 2020 Global Insights and Business Scenario – ABB Ltd , Atlas Copco, Caterpillar Inc
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