HONG KONG/SYDNEY -Hyundai Global Service, backed by private equity giant KKR, aims to raise up to $1 billion in a Seoul initial public offering in the first half of 2024, said two people with direct.
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Police on Thursday raided the Defense Acquisition Program Administration (DAPA), as part of their investigation into allegations of possible corruption in the process of selecting Hyundai Heavy Industries as the preferred bidder for an indigenous Aegis-equipped destroyer development project in 2020.