SAUDI ARABIA: Saudi prince "withdraws" 150 million dollars from Korean automakers - report
Saudi billionaire Prince Al-Walid bin Talal bin Abdul Aziz has "withdrawn" 150 million dollars worth of investment from South Korea's Daewoo Motor and Hyundai Motor, Agence France-Presse reported. The news agency said that the prince had held a $US100 million stake in Daewoo and a $US50 million or 7.8 percent stake in Hyundai.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable