LG Chem to sell $1.4 bln worth of shares in LG Energy Solution

LG Chem

01/10/2025 07:38

SEOUL, Oct 1 (Reuters) - South Korea's LG Chem 051910.KS said on Wednesday it plans to sell 2 trillion Korean won ($1.43 billion) worth of shares in its battery unit LG Energy Solution 373220.KS to help improve finances and boost its corporate value.

($1=1,402.5000 won)

 (Reporting by Hyunjoo Jin)

 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net))