Wednesday, 27 February 2019

Hyundai rejects Elliott's payout call, shares rise ahead of showdown meeting

Hyundai Motor Group on Tuesday rejected demands by U.S. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea's second-biggest conglomerate.


from Reuters: Business News https://ift.tt/2T0PoW8

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