Hankook & Company Group Seeks to Secure the Management Rights of Hanon Systems autosphere.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autosphere.ca Daily Mail and Mail on Sunday newspapers.
South Korea s Hankook Tire & Technology Co Ltd has signed a preliminary agreement to acquire a stake worth 1.7 trillion won in Hanon Systems, it said on Friday, which would make it the majority.
With swift and easy promotions that require no track performance or accountability, the latest generation of chaebol heirs are able to pull in higher compensation than trained and experienced executives
The family struggle over control of Hankook & Company, which had initally appeared to be settling down with the father siding with the current chairman, is reaching another stage as private equity company MBK Partners raised the price of its public tender offer, according to industry officials, Sunday.