LS Group to sell LS Automotive to KKR for about 1 trillion won

LS Group has decided to sell its entire 100% stake in LS Automotive Corp., an automotive electronic parts maker, to private equity firm KKR & Co. for approximately 1 trillion won ($884 million) on an enterprise value basis.

“LS Group decided to sell entire 100 percent stake in LS Automotive to KKR at around 1 trillion won ($884 million) on an enterprise value basis.”pulse.mk.co.kr

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• pulse.mk.co.krLS Group decides to sell LS Automotive to KKR private equity - 매일경제 영문뉴스 펄스(Pulse)May 3, 2017

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