LG's public buyout plan on LG Life Sciences hit snag

LG, one of the largest group in Korea, attempted to make its public buyout application of LG Life Sciences' 4.10 million shares from July 24 to August 12 as part of its efforts to acquire LG Life Sciences as one of LG's affiliated companies but without success, analysts said.

Originally, LG planned to additionally secure 28.9 percent of LG Life Sciences shares through such public buyout in t...