KKR-led consortium buys Taiwan's LCY Chemical in $1.56b deal

KKR-led consortium buys Taiwan's LCY Chemical in $1.56b deal

Taipei City, Taiwan. Photo by Tom Ritson on Unsplash

A group led by global private equity firm KKR said it is acquiring Taiwan-based LCY Chemical Corp in a deal valued at $1.56 billion. The KKR-led consortium entered into a share exchange agreement to acquire all shares of LCY for TWD 56 per share, it said in an announcement on Sunday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter