Hankook Tire & Technology: M&A of Hanon System Falling Apart?
There are increasing signs that Hankook Tire & Technology's M&A of Hanon Systems could be falling apart.
The deadline for signing the main M&A contract to purchase a 25% stake in Hanon Systems has been postponed indefinitely.
New contingent liabilities at Hanon Systems have been uncovered during the 10 week due diligence process of Hanon Systems by Hankook T&T.
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