Acquiring Company
LG Chem Water Filter Business
Acquired Company
AVEO Pharmaceuticals
Cheongju-siManufacturingBiotechnologyBiotechnologyHealth CareTherapeuticsBiopharmaDescription
LG Chem, Ltd. (“LG Chem”) (KOSPI: 051910) today announced that it has completed its previously announced acquisition of AVEO Oncology (“AVEO”), a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer, in an all-cash transaction with an implied equity value of $571M on a fully diluted basis.
Quick answer
LG Chem Water Filter Business is acquiring AVEO Pharmaceuticals, announced January 19, 2023. LG Chem Water Filter Business is based in Cheongju-si, North Chungcheong, South Korea.
- How much did LG Chem Water Filter Business pay for AVEO Pharmaceuticals?
- The deal value was not disclosed.
- What does LG Chem Water Filter Business do?
- LG Chem's water filter business produces reverse osmosis membranes used in various applications including desalination and industrial water treatment.
- Where are LG Chem Water Filter Business and AVEO Pharmaceuticals based?
- LG Chem Water Filter Business is based in Cheongju-si, North Chungcheong, South Korea.
Source: Fundz verified event record.
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Who to call at LG Chem Water Filter Business, and when
When LG Chem Water Filter Business changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day LG Chem Water Filter Business raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LG Chem Water Filter Business, from your own LinkedIn network
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Frequently asked
Who acquired AVEO Pharmaceuticals?
AVEO Pharmaceuticals was acquired by LG Chem Water Filter Business, based in Cheongju-si. The deal was reported on January 19, 2023. LG Chem's water filter business produces reverse osmosis membranes used in various applications including desalination and industrial water treatment. LG Chem Water Filter Business is privately held and operates in Manufacturing.
When did LG Chem Water Filter Business acquire AVEO Pharmaceuticals?
LG Chem Water Filter Business's acquisition of AVEO Pharmaceuticals was reported on January 19, 2023. LG Chem, Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does AVEO Pharmaceuticals do?
AVEO is a commercial stage, oncology-focused biopharmaceutical company committed to delivering medicines that provide a better life for patients with cancer. AVEO currently markets FOTIVDA® (tivozanib) in the U.S. It is privately held, operating in Biotechnology.
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