* Says its buyout fund and partners has completed purchase of Netherland’s Nexperia for $2.75 billion via a consortium SEOUL, Feb 8 Hyundai Motor said on Wednesday it may procure electric vehicle batteries from Chinese companies for a planned China model after South Korean battery makers failed to make a list of approved vendors last year.
Category: Hyundai Motor
BRIEF-Xura to change company name to Mavenir Systems upon completion of Mitel Mobile acquisition
LONDON, Feb 8 European shares rose on Wednesday led by mining stocks and financials on a heavy day for regional corporate results.
BRIEF-Russia’s Detsky Mir says IPO raises 21.1 bln roubles
Source text for Eikon: Further company coverage: LONDON, Feb 8 European shares rose on Wednesday led by mining stocks and financials on a heavy day for regional corporate results.
Hyundai Motor’s donations spark doubt over transparency
Hyundai Motor Co., South Korea’s top automaker, didn’t report cash donations to two controversial foundations to its board two years ago, sources said Wednesday, sparking questions over managerial transparency. In October and December 2015, Hyundai Motor donated a combined 6.88 billion won to the foundations controlled by Choi Soon-sil, President Park Geun-hye’s friend at the center of a massive influence-peddling and corruption scandal that has led to Park’s impeachment.