LG Chem plans to sell LG Energy Solution stake for shareholder returns
![This photo provided by LG Chem shows its new CEO, Kim Dong-chun. [YONHAP]](https://image.koreajoongangdaily.com/11547975.webp?imageId=11547975&width=960&height=1346&format=jpg)
Korea's LG Chem said on Friday that it plans to lower its stake in its subsidiary LG Energy Solution from around 80 to 70 percent in a bid to improve long-term finance and boost shareholder returns, according to a company filing.
Shares of LG Chem fell 2 percent in Seoul trading.
Yonhap
