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Lotte Rental acquires an additional 26.5 billion won worth of Socar shares

Business / 폴 리 / 11/27/2023 01:28 AM
 

 

[Alpha Biz=(Chicago) Reporter Paul Lee] Lotte Rental announced on the 24th that it will acquire an additional 587,413 shares of Socar for about 26.5 billion won.

Lotte Rental's stake in Socar is 34.7% after acquiring the stock.

Lotte Rental explained, "It is a stock acquisition following the put option exercise of S.O.ENG, a limited company."

 

 

AlphaBIZ 폴 리(hoondork1977@alphabiz.co.kr)

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