|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5,802.00 JPY | +0.10% |
|
-1.02% | +10.01% |
Published on 09/08/2025 at 07:30 pm EDT
SEOUL (Reuters) -LG Chem said on Tuesday that Japan's Toyota Tsusho Corp had acquired a 25% stake in the company's cathode materials plant in South Korea, joining as the second-largest shareholder of the plant.
With Toyota Tsusho's investment, the shareholding structure of the plant has pushed the stake China's Zhejiang Huayou Cobalt down to 24% from 49%, LG Chem said in a statement.
(Reporting by Hyunjoo Jin, Ju-min Park; Editing by Ed Davies)
Trader
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Select your edition
All financial news and data tailored to specific country editions
