LG Chem plans to sell LG Energy Solution stake for shareholder returns
28/11/2025 24:21
SEOUL, Nov 28 (Reuters) - South Korea's LG Chem Ltd 051910.KS said on Friday it plans to lower its stake in subsidiary LG Energy Solution 373220.KS to about 70% from around 80%, in a bid to improve long-term finance and boost shareholder returns, according to a company filing. Shares of LG Chem fell 2% in Seoul trading. (Reporting by Heejin Kim and Hyunjoo Jin Editing by Ed Davies) ((Heejin.Kim@thomsonreuters.com;))
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