KKR acquisition of LCY Chemical approved by Taiwan FTC

KKR & Co received approval from Taiwan's Fair Trade Commission to acquire LCY Chemical Corp for NT$47.8 billion (US$1.55 billion). KKR will become the sole shareholder and enter a joint venture with the Lee family.

“KKR & Co has been given approval to acquire LCY Chemical Corp (李長榮化工), the Fair Trade Commission (FTC) announced on Friday, saying it did not expect competition issues to arise from the deal.”taipeitimes.com

• 1 source
• taipeitimes.comKKR acquisition of LCY Chemical Corp approved - Taipei TimesNov 11, 2018

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