S. Korea Pension Advisor Backs Hyundai over Elliott
SEOUL, Mar. 13 (Korea Bizwire) — The main advisor of South Korea’s national pension service sided with Hyundai Motor Co. and Hyundai Mobis Co. on Wednesday in the ongoing disputes with Elliott Management over dividend payments and appointments to the board of directors. The Korea Corporate Governance Service (KCGS) recommended that shareholders of the two [...]