Hyundai Motor Acquires SoftBank's 9.65% Stake in Boston Dynamics for $325 Million

According to South Korea's Maeil Business Newspaper on June 19, Hyundai Motor Group plans to acquire SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, making the U.S. robotics company a wholly-owned subsidiary. Hyundai is expected to hold a board meeting on June 22 to approve the acquisition, the report said.
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