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ACQUISITION: LG Chem acquires separation membrane business of LG Electronics

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Acquisition, divestment & Spinoff

Including this acquisition, LG Chem plans to invest KRW6 trillion (USD6 billion) in developing battery materials business

LG Chem has acquired the operations of the CEM (Chemical Electronic Material) business sector under the LG Electronics’ Business Solution Division at KRW525 billion (approximately USD456.2 million).

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