May 20, 2018 / 2:18 AM / 3 months ago

S.Korea's LG Group chairman Koo Bon-moo dies - Yonhap

SEOUL, May 20 (Reuters) - Koo Bon-moo, the chairman of South Korea’s fourth-largest conglomerate LG Group, passed away on Sunday due to illness, the Yonhap news agency said.

LG Corp, a holding company of the electronics-to-chemicals conglomerate, said on Thursday its longtime 73-year-old chairman was unwell and planned to nominate his son to its board of directors in preparation for a leadership succession. (Reporting By Jane Chung; Editing by Kim Coghill)

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