SHINHAN CARD TO BUY HYUNDAI’S ASSETS FOR RENTAL CARD BUSINESS

Highlights:

• Hyundai Capital’s assets will be bought by Shinhan Card.
• The assets will be related to long-term car rental services which will be worth 500 billion won which is equivalent to $417.3 million.
• The companies signed the deal and the transaction is scheduled for March 27.

Hyundai Capital assets will be bought by South Korean credit card Shinhan Card. The a....