# 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.

- Type: Acquisition
- Announced: 2017-05-03
- Where: South Korea
- Value: $884.0M (1000.0B KRW)
- Status: announced
- Products: automotive switches, relays, electronic parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [LS Corp](https://endata.com/companies/16131.md) (partner)
- [LS Automotive](https://endata.com/companies/20214.md) (target)
- [KKR & Co. L.P.](https://endata.com/companies/22492.md) (acquirer)
- [LS Mtron Ltd](https://endata.com/companies/24019.md) (partner)

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/7808399), 2017-05-03: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.