Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A US-based hedge fund has launched an activist campaign to halt a planned spin-off by LG Corporation, one of ...

SEOUL/BENGALURU (Reuters) - U.S.-based hedge fund Whitebox Advisors LLC publicly opposed a spin-off plan by South Korea's LG Corp, saying the plan "sacrifices minority shareholder return in order to ...

SEOUL (Reuters) - South Korea's LG Corp shareholders on Friday approved the company's plan to spin off five affiliates, which LG said would allow it to focus on existing core businesses such as ...

LG Group, South Korea's fourth-largest conglomerate, on Tuesday refuted claims that its planned spin-off of affiliates could undermine shareholder value, saying the move will actually benefit its ...