LG Chem says mulls merger with LG Life Sciences

September 5, 2016 11:18 PM

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SEOUL, Sept 6 South Korea's LG Chem is considering a merger with its pharmaceutical affiliate LG Life Sciences, an LG Chem spokesman said, adding that nothing has been decided.

South Korean media MoneyToday reported on Tuesday that LG Chem, a petrochemicals and battery maker, plans to acquire LG Life Sciences to nurture a new growth engine, citing an official at their parent group. The report said that the two companies will hold board meetings as early as Friday to discus...

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