South Korea's Lotte Group sells car rental unit to private equity TPG for $925 million

🇰🇷 Channel NewsAsia (KR) —
South Korea's Lotte Group sells car rental unit to private equity TPG for $925 million

AI Summary

South Korean conglomerate Lotte Group has sold its car rental business to private equity firm TPG for $925 million. This deal marks a significant corporate transaction in the automotive rental sector in South Korea.

Markets Deals Lotte Group South Korea car rental private equity TPG business sale corporate deal

Read original source →