▶주메뉴 바로가기

▶본문 바로가기

THE INVESTOR
October 22, 2018
Big Reunion

Market Now

Lotte P&D acquires W106.3b stake in Lotte Asset Development

  • PUBLISHED :October 12, 2018 - 09:56
  • UPDATED :October 12, 2018 - 09:56
  • 폰트작게
  • 폰트크게
  • facebook
  • twitter
  • sms
  • print
[DISCLOSURE] Lotte Property and Development announced on Oct. 11 that it has acquired 4,759,090 shares of Lotte Asset Development from Lotte Engineering and Construction at 38.80 billion won (US$34.18 million) and 8,274,388 shares from Lotte Chemical (011170) at 67.47 billion won “to seek synergy through linking businesses.” 

It will own 32.34 percent stake in the development affiliate.   

By Hwang You-mee (glamazon@heraldcorp.com)

  • facebook
  • twitter
  • sms
  • print

EDITOR'S PICKS