LG International exits GS Retail through $263 million block trade

The deal attracts strong demand from domestic and international investors and comes after the Korean retail company has rallied nearly 70% since the December 2011 IPO.

LG International has raised W287 billion ($263 million) from the sale of its remaining 12% stake in GS Retail, a Korean operator of convenience stores and supermarkets.

¬ Haymarket Media Limited. All rights reserved.

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