Elliott Sends Letter to Directors of Hyundai Motor Group
Elliott Advisors (HK) Limited, which advises various Elliott-affiliated funds (together “Elliott”), today sent a letter to the Directors of Hyundai Mobis Co., Hyundai Motor Company, and Kia Motors Corporation (together “Hyundai Motor Group” or “HMG”).
In the letter, Elliott provided the Directors, as well as all other HMG stakeholders, with a full and independent analysis of HMG’s capital structure by Conway MacKenzie (the “Independent Analysis”), a global automotive consult...