LG Energy Solution to acquire Stellantis stake in Canadian battery joint venture
LG Energy Solution announced Friday it will buy the Stellantis stake in their Canadian battery venture for $100. The move gives the firm full project control.
Insights:
LG Energy Solution announced on February 6, 2026, that it will purchase the entire stake held by Stellantis N.V. in their Canada 
CA battery joint venture for a nominal consideration of $100. This transaction will result in the transfer of the equity holding to the South Korea 
KR-based company, effectively changing the ownership structure of the venture.
CA battery joint venture for a nominal consideration of $100. This transaction will result in the transfer of the equity holding to the South Korea KR-based company, effectively changing the ownership structure of the venture.
