# KKR to acquire LCY Chemical for TWD 47.8 billion

KKR will acquire LCY Chemical (Lee Chang Yung Chemical Industry) for TWD 47.8 billion (USD 1.56 billion), paying TWD 56 per share. The transaction is expected to close in Q4 2018, after which LCY Chemical will be delisted from the Taiwan Stock Exchange.

- Type: Acquisition
- Announced: 2018-07-22
- Where: TWN
- Value: $1.56B (47.8B TWD)
- Status: announced
- Products: thermoplastic elastomers, high-performance plastics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [KKR](https://endata.com/companies/16879.md) (acquirer)
- [LCY Chemical](https://endata.com/companies/33269.md) (target)

## Sources

- [moneydj.com](https://www.moneydj.com/kmdj/news/newsviewer.aspx?a=490f77c9-37bd-4e24-9bc9-f9a1fe2c16b0), 2018-07-23: "KKR將以現金支付榮化普通股股東每股新台幣56元、內含每股四捨五入後約新台幣2.9元的股息（不含息則每股收購價格為新台幣53.10元）的轉換對價，收購榮化公開流通的股份。"

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