Johnson Electric to increase stake in Halla Stackpole to 80%

News
M&A

Deal is valued at USD77.8 million

Johnson Electric has inked a definitive agreement to acquire an additional 50% stake in Halla Stackpole Corporation (HSC) for KRW93.9 billion (USD77.8 million), according to a company press release yesterday (21 March).

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload