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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
![[Pressure points] Leggings in public: Fashion statement or social faux pas?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050669_0.jpg&u=)
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Aging population to drive down Korea's housing prices from 2040: experts
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LG Chem Co., South Korea's top chemicals company, said Friday that it has agreed to take over a local pesticides and fertilizer maker for 425 billion won (US$369 million).
Previously, LG Chem signed a deal to buy Dongbu Farm Hannong for 515 billion won and sought to complete it by March this year.
In a regulatory filing, LG Chem said it will wrap up the deal by April 15.
The takeover push comes as LG Chem faces a growing challenge from Chinese rivals in its flagship chemicals and electric car battery businesses.
Dongbu Farm Hannong is the No. 1 crop protection and seed producer in the country, with shares of 27 percent and 19 percent, respectively. (Yonhap)
