SEOUL, Jan. 22 (Korea Bizwire) — Elliott Management, a U.S. hedge fund, has sold all its stakes in Hyundai Motor Group companies, industry sources said Wednesday, ending nearly two years of challenge to the carmaker’s controlling family over its governance structure. Elliott was not on any of the shareholder lists of Hyundai Motor Co, Kia [...]
SEOUL, May 29 (Korea Bizwire) — South Korea’s state pension operator cut the number of listed firms in which it has a stake of 5 percent or more in the first quarter of the year in an apparent bid to boost its investment returns, a corporate tracker said Wednesday. The National Pension Service (NPS) owned [...]
HONG KONG, Jun. 3 (Korea Bizwire) — Smithfield Foods, Inc. (“Smithfield”), a wholly owned subsidiary of WH Group Limited (“WH Group”) (HKEX:288), today announced the sale of its entire equity interest in Campofrio to Alfa for $354 million in cash. The sale represents approximately 37% of the entire issued share capital of Campofrio. “This transaction [...]