LS ELECTRIC Co., Ltd. (KOSE:A010120) agreed to acquire LS ITC Co., Ltd from LS Global Inc. for KRW 21.9 billion on February 9, 2021. In the acquisition, LS ELECTRIC Co., Ltd. will acquire 0.6 million shares at a price of 0.036 per share. The transaction is expected to close on February 28, 2021. LS ELECTRIC Co., Ltd. (KOSE:A010120) completed the acquisition of LS ITC Co., Ltd from LS Global Inc. on March 15, 2021.