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Hankook and investment partner Hahn & Co to acquire majority stake in Halla Visteon Climate Control Corp.


South Korea’s largest tiremaker, Hankook Tire Co. and its investment partner Hahn & Co agreed to pay around $3.6 billion for the purchase of the majority stake in Visteon Corp’s South Korean division. The tiremaker is thus expanding its business ventures into car temperature-control systems, with Hankook ready to invest 1.082 trillion won ($982 million) to purchase 19.49 % - Hahn ...
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