Hyundai Heavy closes in on Doosan Infracore acquisition

Mike Hayes

14 December 2020

Construction machines from Doosan Infracore

A consortium led by South Korean shipbuilding giant Hyundai Heavy Industries Group (HHIG) is close to securing a 36.07% stake in compatriot construction firm Doosan Infracore, having been selected as the preferred bidder.

Infracore is the heavy construction division of the Seoul-headquartered Doosan…

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