Brief: Arcelik Says Shareholders' Agreement Of Unit Arcelik-LG Klima Is Extended Until Dec. 2031

Arcelik

27/05/2024 16:36

May 27 (Reuters) - ARCELIK AS  ARCLK.IS :
    * ARCELIK SAYS IT HAS BEEN DECIDED TO EXTEND VALIDITY OF
SHAREHOLDERS' AGREEMENT OF UNIT ARCELIK-LG KLIMA SANAYI, IN
WHICH ARCELIK HOLDS 45% STAKE AND MAIN SHAREHOLDER KOC HOLDING
HOLDS 5% STAKE, UNTIL DEC. 31, 2031
    * ARCELIK SAYS AS BEFORE, THE AGREEMENT IS BASED ON A 50-50
SPLIT
OF MANAGEMENT CONTROL OF ARCELIK-LG KLIMA SANAYI BETWEEN THE KOC
GROUP AND LG ELECTRONICS

Source text for Eikon:  ID:nIKA6G3BJs 
Further company coverage:  ARCLK.IS 
    

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