LG International Corp. (KOSE:A001120) agreed to acquire Dangjin Tank Terminal Co., Ltd. from Dongaone Co., Ltd. (KOSE:A008040) and other shareholders for KRW 97.7 billion on April 17, 2015. LG International will succeed liabilities of KRW 94.4 billion.

LG International will acquire 2.04 million shares of Dangjin Tank Terminal. Dongaone Co. will sell 1.84 million shares in Dangjin Tank Terminal and will receive KRW 2.99 billion.

Dangjin Tank Terminal Co., Ltd reported total assets of KRW 84.5 billion, total liabilities of KRW 84.9 billion and total stockholder's equity of -KRW 392 million for the current year. The resolution date of Board of Directors of LG International is April 17, 2015. The scheduled acquisition date will be decided later on.