Kia Motors Corporation (KOSE:A000270) agreed to acquire an unknown stake in Hyundai Mobis Co.,Ltd (KOSE:A012330) from Monggu Jung and Euisun Jung on March 28, 2018. In a related deal, Monggu Jung and Euisun Jung agreed to acquire an unknown stake in Hyundai Mobis Co.,Ltd. from Kia Motors Corporation on March 28, 2018. The deal is expected to close before the 2nd month from the 3rd trading day from the completion date of additional listing of Hyundai Glovis Co., Ltd.and change listing of Hyundai Mobis Co.,Ltd. The date can be extended in agreement if required.
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- Kia Motors Corporation agreed to acquire an unknown stake in Hyundai Mobis Co.,Ltd from Monggu Jung and Euisun Jung.