ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

South Korea's LG faces challenge from US hedge fund

Whitebox urges shareholders to oppose Koo family's plan to spin off affiliates

SEOUL -- LG, South Korea's fourth-largest conglomerate, is headed for a showdown with a U.S. hedge fund at its annual general meeting on Friday, in the latest challenge to the country's powerful family-run business groups by an activist investor.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more