lg-household-buys-thefaceshop-from-affinity

LG Household buys TheFaceShop from Affinity

Korea's LG Household & Health Care pays $364 million to buy 90% of TheFaceShop from Affinity Equity Partners and the cosmetic chain's chairman.

Household products and cosmetics firm LG Household & Health Care, which is part of Korean chaebol the LG Group, will pay W420 billion ($364 million) to buy 90% of TheFaceShop from private equity firm Affinity Equity Partners and the company's chairman.

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