Samsung SDI Co. Ltd. (KOSE:A006400) agreed to acquire research and development facility from Samsung Fine Chemicals Co. Ltd. (KOSE:A004000) for KRW 10.1 billion on August 28, 2015. Samsung SDI will acquire the research and development facility, patent rights and staffs. In a related transaction, Samsung SDI Co. Ltd. (KOSE:A006400) agreed to acquire 65.8% stake in STM Co., Ltd. from Samsung Fine Chemicals Co. Ltd. (KOSE:A004000) for KRW 8.9 billion on August 28, 2015. The transaction is expected to close by September 16, 2015. Ernst & Young, Korea acted as financial advisor for Samsung SDI.

Samsung SDI Co. Ltd. (KOSE:A006400) completed the acquisition of research and development facility from Samsung Fine Chemicals Co. Ltd. (KOSE:A004000) on September 16, 2015.