POPA Recon[Mail Business] [Exclusive] Hyundai Motor Group buys more stake in Boston Dynamics...as a wholly owned subsidiary
[Mail Business] [Exclusive] Hyundai Motor Group buys more stake in Boston Dynamics...as a wholly owned subsidiary • Hyundai Motor Group acquired a 9.65% stake in SoftBank's Boston Dynamics for $325 million (about 500 billion won) to make it a wholly owned subsidiary. • Last year, Boston Dynamics' market value was valued at 30 trillion won, but Hyundai Motor's purchase price is analyzed to be low as corporate value has risen due to increased interest in physical AI this year. • Hyundai Motor plans to convene an extraordinary board meeting on the 22nd to vote on the acquisition agenda. • The a…
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