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Home Icon > About Us > News > South Korea’s sovereign wealth fund backs Hyundai Heavy with new $900m acquisition vehicle

South Korea’s sovereign wealth fund backs Hyundai Heavy with new $900m acquisition vehicle

Korea, Inc is rallying to ensure it ensure it has global shipbuilding champions for further generations. Korea Investment Corp (KIC), South Korea’s sovereign wealth fund, has signed a deal with Hyundai Heavy Industries (HHI), the country’s top shipbuilding group, to jointly invest KRW1trn ($900m) in mergers and acquisitions of global companies in areas including artificial …

WP_Post Object ( [ID] => 243574 [post_author] => 76 [post_date] => 2021-03-24 06:47:52 [post_date_gmt] => 2021-03-24 06:47:52 [post_content] =>

Korea, Inc is rallying to ensure it ensure it has global shipbuilding champions for further generations. Korea Investment Corp (KIC), South Korea’s sovereign wealth fund, has signed a deal with Hyundai Heavy Industries (HHI), the country’s top shipbuilding group, to jointly invest KRW1trn ($900m) in mergers and acquisitions of global companies in areas including artificial …

[post_title] => South Korea’s sovereign wealth fund backs Hyundai Heavy with new $900m acquisition vehicle [post_excerpt] => Korea, Inc is rallying to ensure it ensure it has global shipbuilding champions for further generations. Korea Investment Corp (KIC), South Korea’s sovereign wealth fund, has signed a deal with Hyundai Heavy Industries (HHI), the country’s top shipbuil... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => south-koreas-sovereign-wealth-fund-backs-hyundai-heavy-with-new-900m-acquisition-vehicle [to_ping] => [pinged] => [post_modified] => 2021-03-24 06:47:52 [post_modified_gmt] => 2021-03-24 06:47:52 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=138611 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )