South Korea's LG Electronics Acquires Austrian Automotive Supplier ZKW for €1.1 Bln

Yesterday 22:37 · Companies - Technology
South Korean electronics manufacturer LG Electronics is acquiring the Lower Austrian lighting and electronics systems specialist ZKW for more than 1.1 billion euros. It plans to buy a 70 percent stake in ZKW Holding, a supplier to Mercedes-Benz and BMW. Its holding company LG Corp. will purchase the remaining stake for 330 million Euro. LG hopes to expand its position in the automotive lighting sector for self-driving cars. ZKW was previously wholly owned by the entrepreneur Ulrich Mommert.

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Keith Haring at the Albertina: The Alphabet

April 25
To mark the 60th birthday of the American artist, who died at the age of 32, the Albertina is showing a large-scale exhibition of 100 internationally sourced works. The special focus will be on the one-of-a-kind symbolic language that is present throughout ...

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