SOUTH KOREA: Hyundai Motor 'no' to taking over other Hyundai businesses in North - report
Hyundai Motor Co. said on Tuesday it won't take over Hyundai Asan or engage in any of the firm's North Korean businesses despite the sudden suicide of Hyundai Asan chairman Chung Mong-hun early on Monday, Dow Jones reported. The news agency said the remarks scotch market expectations that Hyundai Motor Group, the country's fourth largest conglomerate led by Hyundai Motor, could take over Hyundai Asan's businesses to minimise uncertainties over the future management of Hyundai Group.
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