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 (Reuters) - South Korea's LG Corp shareholders on Friday approved the company's plan to spin off five affiliates, which LG said would allow it to focus on existing core businesses such as ...

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 ...

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, ...