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LG Chem to sell $1.6 bn stake in LG Energy to foreign investors

South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in its battery affiliate LG Energy Solution Ltd. to ramp up capital expenditures for a new growth engine.

Jun 19, 2023 (Gmt+09:00)

2 Min read