[Asia Economy Reporter Song Seung-yoon] Lotte Chilsung Beverage, a KOSPI-listed company, announced on the 10th that it will acquire 90,000 shares of its Japanese liquor wholesale affiliate (LOTTE LIQUOR JAPAN) for approximately 24.2 billion KRW. The scheduled date for the stock acquisition is December 11 of this year, and the shareholding ratio after the acquisition will be 100%.



Lotte Chilsung Beverage stated that the purpose of this stock acquisition is "efficient management of overseas subsidiaries through Lotte Chilsung Beverage."


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