PwC provided M&A advisory services for Hyundai Motor Group on the establishment of Joint Venture with Aptiv

PwC Korea Deals Corporate Finance team is pleased to announce that Hyundai Motor Group partners with Aptiv to form autonomous driving Joint Venture.

Aptiv, formerly known as Delphi, is an auto parts manufacturer with world class technology in autonomous driving.
It has an industry leading mobility solution portfolio which includes cognitive systems, software algorithms and computing platforms.

Hyundai Motor Group is best known for its capabilities in vehicle design and manufacturing. This new JV will leverage Hyundai Motor Group's design, engineering and manufacturing expertise and Aptiv's autonomous driving S/W to commercialize an autonomous driving platform.

The PwC Korea Deals Corporate Finance team, led by Sang-Soo Yoo and Yun-Goo Kwak, was engaged as a M&A advisor for Hyudai Motor Group with Citi Group Global Market Securities Co., Ltd. and provided financial due diligence and valuation service for Hyundai Motor Group.