LS Group may raise stake in LS-Nikko Copper to 87.5%

LS Group is considering buying an additional 37.4% stake in LS-Nikko Copper from JX Nippon Mining & Metals through two Korean PE firms for about 600 billion won ($490 million), increasing its ownership to 87.5%.

“LS Group is looking to purchase an additional 37.4% stake in the JV through two Korean private equity firms for around 600 billion won ($490 million).”kedglobal.com

• 1 source
• kedglobal.comLS Group may raise stake in LS-Nikko Copper to 90% - KED GlobalShin-Young Park, Chae-Yeon KimFeb 20, 2022

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