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Hankook & Company Group Seeks to Secure the Management Rights of Hanon Systems

Hankook & Company Group Seeks to Secure the Management Rights of Hanon Systems
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Hankook acquires additional stake in thermal management systems company, Hanon Systems

South Korea s Hankook Tire to become majority shareholder in Hanon Systems

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.

The pedigree premium that separates Korea s chaebol chiefs from the rest of us

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

Struggle continues over control of Hankook Tire

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.

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