Hotel Lotte Co., Ltd. agreed to acquire remaining 53.9% stake in Lotte Europe Holdings B.V. from Lotte Shopping Co., Ltd. (KOSE:A023530) and LOTTE Corporation (KOSE:A004990) for KRW 85.5 billion on May 31, 2019. As reported, Hotel Lotte Co., Ltd. acquired 0.5 million shares in Lotte Europe Holdings B.V., out of which 0.25 million shares were held by LOTTE Corporation and 0.25 million shares were held by Lotte Shopping Co., Ltd. The shares were acquired at a unit cost of KRW 171,646. Following the acquisition, Hotel Lotte Co., Ltd. will hold 0.9 million, representing 100% stake in Lotte Europe Holdings B.V.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
68,600 KRW | +0.59% | +6.36% | -8.53% |
Apr. 25 | South Korea's Lotte sells China theme park project for $326 mln, reports MoneyToday | RE |
Mar. 11 | Lotte Shopping Subsidiary Lotte Home Shopping Expands with Overseas Brand Imports | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-8.53% | 1.4B | |
+13.64% | 48.35B | |
+18.86% | 11.58B | |
-29.59% | 8.33B | |
+15.03% | 6.21B | |
-17.07% | 5.54B | |
+4.90% | 4.24B | |
-0.80% | 2.79B | |
-19.25% | 2.72B | |
-33.80% | 1.97B |
- Stock Market
- Equities
- A023530 Stock
- News Lotte Shopping Co., Ltd.
- Hotel Lotte Co., Ltd. agreed to acquire remaining 53.9% stake in Lotte Europe Holdings B.V. from Lotte Shopping Co., Ltd. and LOTTE Corporation for KRW 85.5 billion.