Lotte Chilsung Beverage Co.,Ltd. (KOSE:A005300) agreed to acquire Sansu Beverage Co., Ltd. for KRW 68 billion on October 12, 2017. Under the terms of transaction, Lotte Chilsung Beverage Co.,Ltd. will acquire 0.06 million shares for KRW 68 billion. For the year ended December 31, 2016, Sansu Beverage Co., Ltd. reported total assets of KRW 11.6 billion, net assets of KRW 4.7 billion, sales of KRW 12.5 billion and net profit of KRW 1.2 billion. The transaction has been resolved by the Board of Lotte Chilsung Beverage Co.,Ltd. The transaction is expected to be completed by December 31, 2019.