Visteon completes sale of HVCC to Hahn & Co. and Hankook Tire
First phase involves USD500 million buyback share repurchase program
Visteon has completed the sale of its approximately 70% stake in Halla Visteon Climate Control (HVCC) to an affiliate of Hahn & Company and Hankook Tire, for USD3.6 billion, according to a company press release yesterday (9 June).
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