Page 6 - Future Unicorns News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Copper-clad　laminates　(Courtesy　of　Doosan　Co.) Doosan Co., the holding company of South Korea's Doosan Group, is in contact with several private equity firms to sell its in-house electronic materials division that produces copper-clad laminates (CCLs), a core material for OLED displays.   The company of the heavy machinery and power equipment-focused group is in the early stages of talks with both domestic and overseas PEFs, asking for over 1 trillion won ($888 million) for the profit-making division, according to investment banking sources on Apr. 13.  Doosan, 44% owned by its fo...

Kia's　first　dedicated　electric　vehicle,　EV6　(Courtesy　of　Kia)  Kia Corp. has issued its first foreign currency ESG bonds worth $700 million to strengthen its investment in electric vehicles and other eco-friendly initiatives. According to the investment banking industry on Apr. 13, Kia has issued non-guaranteed, dollar-denominated green bonds for sale to global institutions based outside the US. The bond issuance marks Kia's second foreign debt after the first set in 2017. Of the total, $300 million worth of bonds were issued with a maturity of three years, while the other...

Hyundai　Motor　Group　Chairman　Chung　Euisun. Hyundai Engineering Co., an unlisted construction affiliate of the Hyundai Motor Group, is seeking an initial public offering on the Korean bourse, a move widely seen as a precursor to the automotive group’s ownership revamp. According to the investment banking industry on Apr. 13, Hyundai Engineering last week sent out a request for proposals (RFP) to brokerages interested in managing its planned IPO. Among the prospective IPO managers are Mirae Asset Securities, Korea Investment & Securities, NH Investment & Securities, Shinhan Investme...