LG Chem to sell about $1.89 billion of LG Energy Solution shares to improve finances
LG Chem to sell about $1.89 billion of LG Energy Solution shares to improve finances SEOUL, Oct 28 (Reuters) - South Korea's LG Chem 051910.KS said on Wednesday it would sell shares worth 2.5 trillion won ($1.89 billion) in battery affiliate LG Energy Solution 373220.KS to improve its financial structure and boost shareholder value.
($1 = 1,326.0900 won)
(Reporting by Joyce Lee
Editing by Ed Davies)((joyce.lee@tr.com;))
Recent news on LG Energy Solution
See all newsSouth Korean shares slip as US inflation data boosts rate-hike bets
South Korean shares rebound as chipmaker track US peers
Brief: BMW Group Selects Samsung SDI To Supply Battery Cells In Europe And LG Energy Solutions In The Us - Yonhap
South Korea shares rise on chip rebound after AI-led selloff
South Korea stocks plunge as US midterm results spark AI selloff (updated)