Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
3
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
South Korean military plans to launch new division for future warfare
-
7
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
8
Teen smoking, drinking decline, while mental health, dietary habits worsen
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
North Korean leader ‘convinced’ dialogue won’t change US hostility
LG Chem to acquire adhesive business from LG Hausys
By Korea HeraldPublished : July 21, 2016 - 16:42
[THE INVESTOR] LG Chem, the chemicals and battery-making unit of LG Group, said on July 21 it has decided to acquire the adhesive film business from LG Hausys, a sister firm specialized in construction materials.
The purchase price is 80.5 billion won (US$70.70 million) and the final deal will be signed on Aug. 31.
LG Chem currently produces some adhesive products that are used to stick polarizers to display panels. With the latest deal, the company said it aims to diversify its business areas into other industries.
By Lee Ji-yoon (jylee@heraldcorp.com)
The purchase price is 80.5 billion won (US$70.70 million) and the final deal will be signed on Aug. 31.
LG Chem currently produces some adhesive products that are used to stick polarizers to display panels. With the latest deal, the company said it aims to diversify its business areas into other industries.
By Lee Ji-yoon (jylee@heraldcorp.com)
-
Articles by Korea Herald
