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Hyundai to Acquire Remaining Stake in Boston Dynamics From SoftBank, Maeil Reports, Citing Sources

Provided by Dow Jones Jun 19, 2026, 7:57:00 AM

--Hyundai Motor Group is planning to acquire the remaining 9.65% stake in Boston Dynamics that it doesn't own from SoftBank Group for about 500 billion won, equivalent to $325 million, South Korea's Maeil Business Newspaper reports, citing unnamed sources.

--Hyundai is expected to hold extraordinary board meetings this month to vote on the proposed transaction, according to Maeil.

--Hyundai Motor Group, Boston Dynamics and SoftBank Group didn't respond to requests for comment.

Full story (Korean): https://www.mk.co.kr/news/business/12078211

Write to Jihye Lee at jihye.lee@wsj.com

(END) Dow Jones Newswires

June 19, 2026 03:57 ET (07:57 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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