doosan infracore to separate biz divisions into holding firm
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Doosan Infracore to separate biz divisions into holding firm

Arab Today, arab today

Arab Today, arab today Doosan Infracore to separate biz divisions into holding firm

Seoul - Yonhap

Doosan Infracore Co., South Korea's leading construction equipment maker, said Friday that it will set up a wholly-owned holding company to manage business in Europe and the Americas. The company plans to spin off the business divisions controlling its U.S. unit Doosan Infracore International Inc. and its Irish unit Doosan Holdings Europe Ltd. into a holding company named Doosan Infracore Bobcat Holdings Co., it said in a regulatory filing.

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