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TPG Acquires South Korea's Lotte Rental for $925 Million
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.
11 Aug, 09:17 — 11 Aug, 09:57
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bloombergHigh9h ago
TPG Agrees to Buy South Korea’s Lotte Rental for $925 Million
TPG Capital has agreed to acquire a 61.2% stake in Lotte Rental Co. for 1.31 trillion won ($925 million), reviving a sale of South Korea’s largest car-rental company months after regulators blocked an earlier takeover.
By Myungshin Cho
Read full article →channel-news-asiaMostly Factual10h ago
South Korea's Lotte Group sells car rental unit to private equity TPG for $925 million
Read full article →Coverage Timeline
First report: channel-news-asia · 11 Aug, 09:17|Full coverage: 2 · 40m|Window: 40m
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