Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A US-based hedge fund has launched an activist campaign to halt a planned spin-off by LG Corporation, one of ...

SEOUL/BENGALURU (Reuters) - U.S.-based hedge fund Whitebox Advisors LLC publicly opposed a spin-off plan by South Korea's LG Corp, saying the plan "sacrifices minority shareholder return in order to ...

SEOUL (Reuters) - South Korea's LG Corp said on Thursday it would spin off five affiliates into a new holding company next year, the latest reorganisation at one of South Korea's family-led ...

SEOUL -- South Korea's LG Chem, a supplier for Tesla Inc. and General Motors, said Thursday it plans to separate its battery business into a new company as the electric vehicle market takes off. The ...

LG Chem, Ltd shareholders have given the go-ahead to the company’s management to spin-off its battery business into a new entity, Reuters reported Friday (Seoul Time). What Happened: The new unit, to ...

South Korean chemical group LG Chem Ltd has said its shareholders have approved a proposal put forward by the company in September to spin-off its battery business into a separate company. LG Chem's ...

In our view, the Spin-Off does not achieve its stated objective of enhancing corporate value – instead, value is sacrificed. The Spin-Off does little to streamline LG, disproportionately sacrificing ...

An emergency meeting of the board of South Korea's LG Chem last night decided to spin off its EV battery-making operation into a wholly owned subsidiary. LG Chem supplies EV batteries to Tesla, GM, ...