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Aug 26, 2019ACQUISITIONJapan

Lotte Chemical bids for Hitachi Chemical stake

Lotte Chemical has submitted a preliminary bid to acquire Hitachi's 51.2% stake in Hitachi Chemical Co., competing with private equity firms.

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Rumored

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CompaniesHitachi partner Lotte Chemical acquirer Hitachi Chemical target

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“Lotte Chemical has submitted a preliminary bid earlier this month to buy Hitachi Chemical from its largest shareholder Hitachi with 51.2 percent stake ownership.”pulse.mk.co.kr

1 source
pulse.mk.co.krAugust 26 - 3 - 매일경제 영문뉴스 펄스(Pulse)Aug 26, 2019

Summarized from public sources; check the original articles before acting on it.

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Lotte Chemical bids for Hitachi Chemical stake · Endata