LS Cable & System acquired additional 19.3 million shares of its affiliate LS Materials

2021-10-14     이지선 기자

 

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