Elliott Holds Over $1 Bln Stake in Hyundai Motor Group Affiliates

SEOUL, Apr. 4 (Korea Bizwire) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., said Wednesday it has acquired more than US$1 billion worth of stocks in three major affiliates of Hyundai Motor Group, and asked for more efforts to improve corporate governance by the group. The three affiliates are [...]