by Lee Jungyun
Published 20 Apr.2022 16:01(KST)
[Asia Economy Reporter Lee Jung-yoon] LG Household & Health Care announced on the 20th that it has signed a contract to acquire 65% of the shares of The Creme Shop, a U.S. company.
The number of shares acquired is 650,000, and the acquisition amount is 148.49673 billion KRW. This corresponds to 2.7% of equity capital, and the purpose of the acquisition is to strengthen competitiveness in the North American cosmetics business.
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