Tag Archives: car sharing solutions

LG CNS Sells Car-Sharing Service to Private Equity Co

[THE INVESTOR] LG CNS is selling its car-sharing service Citycar to a local private equity fund Cobaltsky Partners, industry sources said on Sept. 12. The IT solutions unit of LG Group said it has decided to sell its 100 percent stake in its affiliate Everon, the service operator, to Cobaltsky. More details, including the deal price, were not revealed. LG

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