Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

LG Electronics Denies Report It Seeks to Buy Suntech Power

Nov. 4 (Bloomberg) -- LG Electronics Inc. is not seeking to buy solar-cell maker Suntech Power Holdings Co., Ken Hong, a Seoul-based spokesman for the South Korean company, said by telephone, denying an earlier report by MoneyToday. The Korean-language news agency said LG has held talks to buy Suntech Power, and that a 1.06 trillion won rights offering may be for funding an acquisition.

Link to Company News:{066570 KS <Equity> CN <GO>} Link to Company News:{STP US <Equity> CN <GO>}

To contact the reporter on this story: Jun Yang in Seoul at jyang180@bloomberg.net

To contact the editor responsible for this story: Shinhye Kang at skang24@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.