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U.S. activist hedge fund Elliott Management rejected Hyundai Motor Group’s restructuring plan as insufficient on Monday and called on the South Korean conglomerate to embrace a holding company plan and
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Hyundai Motor stated it would keep communicating with shareholders and investors, including Elliott Management, regarding its proposed restructuring plan. “Hyundai Motor Group will keep communicating with shareholders and investors across
South Korea’s Hyundai Motor Group stated on Wednesday it was “confident” its plan to streamline its governance structure would help shareholders, amid investor issues that the controlling family’s interests were
Market reports that U.S. activist hedge fund Elliott Management has obtained a stake in South Korea’s Hyundai Motor are not correct, a person knowledgeable about the matter told Reuters on
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