(Reuters) - South Korean online news provider EDaily quoted an LG
source as saying later in the day that the company was planning
to sell some shares in the unit to Coca-Cola, once the deal
closed, to secure basic liquids from the U.S. company.
"Once the acquisition is completed and Coca-Cola wants such
a deal, we can consider selling part of the shares," said a
spokesman at LG Household. "We have sought investment by
Coca-Cola from the very initial stage."
Read more at Reuters.com Mergers News
source as saying later in the day that the company was planning
to sell some shares in the unit to Coca-Cola, once the deal
closed, to secure basic liquids from the U.S. company.
"Once the acquisition is completed and Coca-Cola wants such
a deal, we can consider selling part of the shares," said a
spokesman at LG Household. "We have sought investment by
Coca-Cola from the very initial stage."
Read more at Reuters.com Mergers News
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