[Lotte Chemical Concall] "Sasol Acquisition Abandoned Due to Price and Management Rights Issues"
[Asia Economy Reporter Hwang Yoon-joo] Lotte Chemical stated in its Q2 earnings conference call on the 7th, "Regarding the acquisition of Sasol shares, we cannot disclose details due to a confidentiality agreement, but we ultimately decided not to participate because of the seller's desired price and management rights issues." They added, "We will actively pursue acquisitions if similar opportunities arise in the future."
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