LG to spin off 5 affiliates amid latest restructuring at S Korean conglomerate

LG to spin off 5 affiliates amid latest restructuring at S Korean conglomerate

Photo: Reuters

South Korea’s LG Corp said on Thursday it would spin off five affiliates into a new holding company next year, the latest reorganisation at one of South Korea’s family-led conglomerates as they pass to a new generation of leaders.

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