Announced
ZKW GROUP GMBH / LG CORP / ULRICH MOMMERT / MOMMERT IMMOBILIEN GMBH / Disposal / Private / £961m
Financials
Transaction Value£961m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Synopsis
LG Electronics will acquire a 70% stake in ZKW Holding for €1.1 billion with parent company LG Corp. purchasing the remaining 30% for €330 million, from Mommert Immobilien Gmbh and Ulrich Mommert
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