LG Corp. Unit LG Chem to Sell LG Energy Solution Shares for KRW 2.5 Trillion

Bitget2026/10/28 07:11

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LG Corp. subsidiary LG Chem plans to sell 6,535,939 LG Energy Solution shares for KRW 2.5 trillion to strengthen finances.
The disposal will leave LG Chem holding 179,211,586 shares, representing a 76.59% stake.
Pricing assumes KRW 382,500 per share, the October 27, 2026 closing price; final pricing and share count may change.
The sale is scheduled for November 27–December 24, 2026.
A two-year price return swap will settle the difference between the buyer’s resale proceeds and the shares’ reference value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LG Corp. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261028800408), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LG Corp. Unit LG Chem to Sell LG Energy Solution Shares for KRW 2.5 Trillion

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