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LS Mtron has signed a contract to demerge its auto part unit and sell an 80.1% stake to Cooper Standard Automotive. The deal is part of LS Mtron's plan to focus on its machinery business.
“LS Mtron said on Thursday it has signed a contract to demerge its auto part unit into a separate entity and sell its 80.1 percent stake in the auto part unit to Cooper Standard Automotive.”pulse.mk.co.kr
Summarized from public sources; check the original articles before acting on it.