[Asia Economy Reporter Lee Gwan-joo] LG Hausys and Hyundai BNK Steel announced on the 26th that they have signed a memorandum of understanding (MOU) regarding the sale of their automotive materials and industrial film businesses.
The sale target is LG Hausys' automotive materials and industrial film business division. Both companies stated that specific contract terms, procedures, and schedules will be re-announced at a later date once decided.
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