Honda to acquire LG Battery assets for $2.9B, Bloomberg reports

Core Viewpoint - Honda is set to acquire LG Energy Solution's facilities and assets from their joint battery plant in Ohio for approximately $2.9 billion, with the transaction expected to be finalized by the end of February [1] Group 1: Acquisition Details - The acquisition involves a Honda unit in the U.S. [1] - The total value of the acquisition is approximately $2.9 billion [1] - The deal is scheduled to be completed by the end of February [1]