The Korea Herald

피터빈트

LG Chem pulls out of bidding for CSP

By 정민경

Published : Aug. 16, 2016 - 10:44

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[DISCLOSURE] LG Chem (051910) announced on Aug. 16 that it has decided not to bid for US-based lightweight materials manufacturer Continental Structural Plastics.

The firm participated in the preliminary bidding and submitted a letter of intent with co-bidder and affiliate LG Hausys (108670), but decided to pull out after final review, it explained.