LS Group and KKR form 1.05 trillion won partnership for LS Automotive and LS Mtron copper foil business

LS Group and KKR signed a partnership agreement valued at 1.05 trillion won. KKR will take a stake in LS Automotive (a JV with LS Group holding 53% and KKR 47%) and acquire LS Mtron's copper foil and thin film business through an asset transfer, creating an independent company.

“LS그룹이 글로벌 투자회사 콜버그크래비스로버츠(KKR)와 1조500억원 규모 파트너십 계약을 체결했다.”sedaily.com

• 2 sources
• sedaily.comLS그룹·KKR, 1조원 규모 파트너십 계약 체결 | 서울경제박시진 기자Jul 27, 2017
• dealstreetasia.comKKR to set up auto parts JV with South Korea's LS Group, buy materials businessJul 27, 2017

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