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LS Cable & System to promote EV battery parts business

South Korea’s LS Cable & System has sold 49% shares in its wholly-owned subsidiary, LS ALSCO, to a private equity fund company, Keistone Partners, at Korean won (KRW) 30.9 billion. LS Cable & System established LS ALSCO as a subsidiary specialized in aluminum business. In the future, the subsidiary also focuses on sa....

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