Hyundai ‘to grow Doosan Infracore’

Mike Hayes Consultant Editor, Construction Europe / KHL Content Studio

11 February 2021

Hyundai Heavy Industries has confirmed its takeover of Doosan Infracore for KRW850 billion (€635 million).

With its consortium partner, KDB Investment, Hyundai signed the formal contract to acquire a 34.97% share in the company on 5 February, giving it management control of the company.

According to Hyundai, Doosan Infracore will…

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