Kukdo International will carry out a 100 billion won capital increase to fund its acquisition of LG Chem's bisphenol A business in Daesan. Of the proceeds, 78.44 billion won will pay for the transfer of LG Chem's BPA production and sales operations. Kukdo Chemical disclosed the acquisition decision on the 26th and the capital increase on the 27th.
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Company Information
Company
Kukdo International
Location
South Korea
About
Kukdo International is a subsidiary of Kukdo Chemical. It is carrying out a 100 billion won capital increase to fund its acquisition of LG Chem's bisphenol A business in Daesan.
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