Jul 27, 2017ACQUISITIONSouth Korea KKR acquires stake in LS Automotive and LS Mtron's copper foil business
KKR will acquire a 47% stake in LS Automotive and take over LS Mtron's copper foil and thin film business, with a total enterprise value of KRW 1.05 trillion.
Value
$930.0M (1050.0B KRW)
Productsautomotive electronic partscopper foilthin film
“LS그룹은 27일 세계적 투자회사인 콜버그크래비스로버츠(KKR)와 LS엠트론의 자동차전장부품 자회사인 LS오토모티브에 지분 참여를 하고, 동시에 동박·박막 사업부를 영업양수도 형태로 인수한다는 내용의 파트너십 계약을 체결했다고 밝혔다.”sedaily.com
- 2 sources
- sedaily.comLS-KKR, "오토모티브 공동 경영" | 서울경제한영일 기자Jul 27, 2017
- stblaw.comKKR to Partner With LS Group in LS Automotive and to Acquire the Copper Foil and Flexible Copper Clad Laminate Business of LS Group, Valued at US$923.6 MillionJin Hyuk Park, Ian Ho, Kelly Karapetyan, tienne RenaudeauJul 31, 2017
Summarized from public sources; check the original articles before acting on it.
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