SOUTH KOREA’S LOTTE REVEALS PLAN FOR MAJOR STRUCTURE OVERHAUL
April 1st, 2017
South Korea’s Lotte is to create a new united investment wing, under a major restructuring of the Lotte group. This separate division will assume control of the investment business of Lotte Food Co, Lotte Shopping Co, Lotte Chilsung Beverage Co and Lotte Confectionery Co – although it will formally be owned by Lotte’s confectionery wing. South Korean food and retail giant Lotte Group announced the move yesterday (April 26) in regulatory filings. With the group’s investment activities united under one division, the four companies will concentrate on ...
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