HL Group to Acquire French Parking Robot Firm Stanley Robotics

SEOUL, Oct. 8 (Korea Bizwire) — South Korea’s HL Group said Tuesday it plans to acquire Stanley Robotics, a French robotics parking company, by purchasing a controlling stake. HL Robotics, a group subsidiary, is set to acquire 403,647 shares of Stanley Robotics for approximately 32.2 billion won (US$23.9 million) to secure a 74.1 percent stake [...]