Announced
Financials
Sources
Tags
Single Bidder
chemical products
Friendly
Acquisition
lcd polarizer
South Korea
Private
Majority
Pending
Specialty Chemicals
Synopsis
Ningbo Shanshan, a manufacturer of lithium battery materials, agreed to acquire LCD polarizer business of LG Chem, a Korean chemicals and battery manufacturer for $1.1bn. “We are going to focus on strengthening our competitiveness in tech materials, especially organic light-emitting diode and nurture our OLED polarizer business,” LG Chem.
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