Hanon Systems Receives Preliminary Bids for Controlling Stake from Foreign Firms

SEOUL, June 22 (Korea Bizwire) — French automotive parts maker Valeo and three other foreign firms have submitted preliminary bids for a controlling stake in automotive thermal management systems and automotive parts maker Hanon Systems, while local players have decided against the move, sources said Tuesday. Valeo, a key rival of Hanon Systems, and German [...]