Lotte Co., Ltd. agreed to acquire unknown minority stake in Lotte Taiwan CO.LTD from Lotte Confectionery (New) (KOSE:A280360) for KRW 7.5 billion on June 26, 2018. Under the transaction, Lotte Co., Ltd. acquired 20.3 million shares at KRW 368 per share. The transaction has been resolved by the Board of Lotte Confectionery (New). The transaction is expected to be completed in July 2018. Lotte Co., Ltd. cancelled the acquisition of unknown minority stake in Lotte Taiwan CO.LTD from Lotte Confectionery (New) (KOSE:A280360) on June 26, 2019.