[Hot Stock] Lotte Rental Surges Amid Rapid Sale Progress... New High
Lotte Rental is showing a strong gain of over 5% as the possibility of a sale increases. It recorded a 52-week high during the session.
As of 9:45 a.m. on the 6th, Lotte Rental is trading at 34,900 KRW, up 1,700 KRW (5.12%) from the previous day. During the session, it rose to 35,800 KRW, setting a new 52-week high.
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According to related industry sources, the largest shareholder of Lotte Rental, Hotel Lotte, is scheduled to hold a board meeting today to select the Hong Kong-based private equity fund Affinity as the preferred bidder for the acquisition of Lotte Rental. The sale target is approximately 60.67% of the management control shares of Lotte Rental.
![[Hot Stock] Lotte Rental Surges Amid Rapid Sale Progress... New High](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
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