LS Cable & System acquired additional 19.3 million shares of its affiliate LS Materials
LS Cable & System acquired additional 19.3 million shares of its affiliate LS Materials
  • 이지선 기자
  • 승인 2021.10.14 07:26
  • 최종수정 2021.10.14 07:25
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This article is translated by AI company Flitto and Infostock Daily using neural machine translation technology.

 

LS전선
LS전선

LS announced on the 13th that its subsidiary LS Cable & System will acquire an additional 19,262,773 shares of LS Materials, an affiliate of the electronics charger manufacturing company, for about 59.6 billion won.

After acquiring shares, LS Cable & System's stake in LS Materials will be 68.9%.

The stock acquisition date is the 30th of next month.

Reporter Lee Ji-sun stockmk2020@gmail.com


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