Lotte Rental "Additional Acquisition of Socar Shares Worth 132.1 Billion KRW"
Lotte Rental's 32.9% Stake in Socar
Lotte Rental announced on the 31st that it has additionally acquired 5,872,450 shares of SoCar, a car rental company, for approximately 132.1 billion KRW.
Lotte Rental's stake in SoCar will amount to 32.9%. The scheduled date for the stock acquisition is September 13 of next year.
Hot Picks Today
![About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]](https://cwcontent.asiae.co.kr/asiaresize/93/2026051416263163580_1778743590.jpg)
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
Lotte Rental stated that the purpose of the acquisition is to "strengthen comprehensive mobility service platform capabilities."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
