Schindler trying to divert blame for losses, failed M&A: Hyundai Elevator
Feb 9, 2014
Hyundai Elevator Co., South Korea's top moving solutions provider, said Sunday that Schindler Holding AG's teleconference last week aimed only to divert blame for its losses and failed merger and acquisitions (M&A) plan.In a press release, the elevator company blasted the Swiss firm, which is its second largest investor, for trying to distort basic truths in their business relationship."The global teleconference held Friday ahead of Schindler's board meeting was one long show full of lies and so