Results for "Lotte Rental"

South Korea's Fair Trade Commission approved Lotte's plan to divest a 61.2 percent controlling stake in Lotte Rental to private equity firm TPG, with closing expected in October.

US-based private equity firm TPG has signed an agreement to purchase a controlling stake in Lotte Rental, operator of Lotte Rent-a-Car, for 1.31 trillion won ($926 million).

Lotte Rental experienced a notable stock price increase as market participants reacted positively to recent corporate announcements and shifting trends in Korean real estate investment trusts.

Private equity firm TPG has agreed to acquire Lotte Rental, South Korea's car rental unit, for $925 million. This acquisition marks a significant transaction in the South Korean market.

South Korea’s Fair Trade Commission has granted regulatory approval for American private equity firm TPG to acquire controlling stakes in Lotte Rental. The clearance removes a key hurdle for the transaction, which is expected to reshape competition in the nation’s residential leasing and property management markets.

Rimini Street (RMNI) has announced a new multi-year partnership agreement with South Korea's Lotte Rental, expanding its presence in the region.