LX Hausys Transfers Architectural Glass Business to Affiliate for 44.3 Billion KRW
On the 27th, LX Hausys announced that it has transferred its architectural glass business, including the manufacturing of coated glass and insulated glass, to its affiliate Korea Glass Industry. The transfer price is 44.3 billion KRW.
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The company stated that the purpose of the transfer is to "enhance management efficiency by focusing business capabilities."
This content was produced with the assistance of AI translation services.
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