global Financial is to acquire a 22.56 % stake in Hyundai motors , big enough to give it operational control , for a price of $ 1.25tn ( $ 1.09bn ) . The acquisition was done at approximately three times the price of the listed shares at Tuesday 's auction .
KB Financial is to buy a 22.56% stake in Hyundai Securities, big enough to give it operational control, for a price of KRW 1.25tn ($1.09bn). The deal was done at approximately four times the price of the listed shares at Tuesday's close.