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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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Visteon’s rumored split offers new prospects to shareholders
Last week news broke out about a planned split of the global automotive supplier Visteon Corporation, and now the effects of the rumored breakup ripple across the shareholder base. According to ...
Report – Car parts maker Visteon thinks about splitting into two companies
Visteon Corp., the auto parts maker that used to be a unit of Ford Motor CO., is taking into consideration a plan to split into two companies, one focused on ...
Visteon launches new connected car technologies at CES 2014
The auto parts supplier will present its latest automotive cockpit electronics products and innovations at the 2014 International CES, including several new concepts with advanced connected car features and Cloud-based ...
Ford sued by former UK workers for pensions’ transfer to Visteon
Ford was sued by more than 1,400 former UK employees for making misleading statements about the transfer of their pensions to Visteon Corporation during the spinoff of the auto parts ...
Ford sells its last auto parts company
Ford Motor Company announced on Monday that it would sell its last remaining auto parts company to a joint venture between French supplier Valeo SA and a former Detroit Pistons ...
Visteon To Buy Rest Of Halla for $805 mln
U.S. auto parts supplier Visteon Corp (VC.N) said it would offer some 913 billion Korean won ($805 million) to take full control of South Korean car air conditioner maker Halla ...
Visteon plans to sell its automotive lighting business
Visteon, one of the world's largest suppliers of automotive parts plans to sell its automotive lighting business to India-based Varroc Group for $92 million after the company posted a $26 ...

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