LG-General Motors Ultium Cells
Scope
Date
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Shareholder activism
Elliott sells off over $1 bn shares in Hyundai Motor, two affiliates in two yrs
Elliott Management Corp. has disposed of all its shares in three key units of the Hyundai Motor Group, currently worth $1.5 billion, after its nearly ...
Jan 23, 2020 (Gmt+09:00)
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Pension fund
Three Korean pension fund CEOs quit to run in general election
About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...
Jan 16, 2020 (Gmt+09:00)
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Private equity
Macquarie buys $800 mn stake in LG Group’s IT firm
Macquarie’s South Korean unit signed a definitive agreement on Dec. 6 to buy a non-controlling stake in LG CNS Co. Ltd., an IT services arm of L...
Dec 07, 2019 (Gmt+09:00)
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KKR, Macquarie among bidders for over $800 mn stake in LG CNS
KKR, Macquarie’s investment unit, Carlyle Group and Goldman Sachs Principal Investment Area (PIA) have joined a race to buy a stake in LG CNS Co. Ltd....
Aug 27, 2019 (Gmt+09:00)
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Hanwha General eying 2020 IPO; Samsung may cash in $800 mn stock
Hanwha General Chemical Co. Ltd. is aiming to list on the Korea Stock Exchange next year, which may lead to Samsung Group’s two arms disposing of rema...
Aug 03, 2019 (Gmt+09:00)
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Hyundai Motor hires Goldman, top law firm to fend off Elliott’s reform call
Hyundai Motor Group has bolstered the roster of its advisors with the addition of Goldman Sachs and US law firm Latham & Watkins LLP to step up fi...
Apr 25, 2018 (Gmt+09:00)
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Tech, Media & Telecom
SPIKE. NO EDIT HERE. Hyundai Motor Group to adopt digital twin technology
Hyundai Motor Group plans to adopt digital twin, a technology that allows the automaker to make a digital replica of a real car for simulation not...
1 MINUTES AGO
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SK Innovation to supply batteries to Hyundai’s IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
1 MINUTES AGO
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Artificial intelligence
LG CNS develops code-generative AI solution
LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...
1 MINUTES AGO
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LG Electronics collaborates with German Playmobil for figurines
LG Electronics Inc. unveiled its collaboration with the famous German toy brand Playmobil on Thursday, creating home appliance figurines. South Korean...
1 MINUTES AGO
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LG Uplus startup venture investments
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1 MINUTES AGO
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