LG Household & Health Care acquires TheFaceShop

  Seoul-based LG Household & Health Care (LG H&H) is to acquire Korea’s third largest cosmetics company TheFaceShop for 420bn won ($364m). LG H&H will buy 90% of TheFaceShop (70.2% from private-equity company Shepherd Detachering and 19.8% from chairman Woon-Hu...