LG ACQUIRES GLOBAL PREMIUM AUTOMOTOVE LIGHTING COMPANY ZKW GROUP

LG ACQUIRES GLOBAL PREMIUM AUTOMOTOVE LIGHTING COMPANY ZKW GROUP
May 24, 2018
Business

LG ACQUIRES GLOBAL PREMIUM AUTOMOTOVE LIGHTING COMPANY ZKW GROUP

Earlier today, the Board of Directors of LG Electronics (LG) approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR 1.1 billion, LG’s largest acquisition to date. Under the terms of the transaction, LG Electronics will acquire a 70 percent stake in...

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