Lotte Rental Vietnam
Scope
Date
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Bio business
Lotte advances into bio business, to acquire stake in Enzychem
South Korea’s Lotte Group is entering the bio business for the first time in its history by acquiring a significant stake in Enzychem Lifescie...
Mar 23, 2021 (Gmt+09:00)
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MICE business
COEX to run Vietnam’s No.2 convention center as MICE industry takes off
The Korea International Trade Association (KITA) and its exhibition operating unit, the Convention & Exhibition Center (COEX), will run Vietnam&...
Mar 09, 2021 (Gmt+09:00)
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Fintech
Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform
Mirroring the other fast-growing economies in Southeast Asia, Vietnam is rapidly transitioning into a cashless society, with financial transactions ...
Feb 17, 2021 (Gmt+09:00)
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Electronics
LG Display to invest $750 million in Vietnam OLED module plant
LG Display Co., a major South Korean display panel maker, will invest $750 million in its display plant in Vietnam to meet rising demand from electr...
Feb 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Chem ready to bid for JSR’s synthetic rubber business
South Korea’s Lotte Chemical Corp. has completed due diligence on the synthetic rubber operation of JSR Corp., put up for sale by the Japanese...
Jan 20, 2021 (Gmt+09:00)
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IPOs
Lotte Rental resumes IPO process; seeks $1.8 bn valuation
South Korea’s leading rental car company Lotte Rental Co. has resumed its initial public offering process, despite having earlier postponed ...
Jan 15, 2021 (Gmt+09:00)
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Rubber business disposal
Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business
Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...
Jan 06, 2021 (Gmt+09:00)
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Private equity
MBK buys $228 mn stake in China’s No. 1 car rental firm
MBK Partners has now become the second-largest shareholder in both of China’s two biggest rental car companies after purchasing a 20.86% stake...
Dec 03, 2020 (Gmt+09:00)
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IPOs
Lotte Rental shelves share sale plan as IPO market cools
Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...
Oct 28, 2020 (Gmt+09:00)
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Business expansion
Shinhan closing in on HSBC to be top foreign bank in Vietnam
Shinhan Bank Vietnam Ltd., the Vietnamese subsidiary of Shinhan Bank, is close to becoming the top foreign bank in Vietnam thanks to its solid perform...
Oct 27, 2020 (Gmt+09:00)
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Business expansion
Samsung heir Jay Y. Lee visits plants in Vietnam
Samsung Electronics Co. Vice Chairman Jay Y. Lee, currently in Vietnam, has toured its smartphone, TV and other electronics plants there, as the compa...
Oct 22, 2020 (Gmt+09:00)
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Business Expansion
Samsung’s Jay Y. Lee meets Vietnam's PM Phuc to discuss business ties
Samsung Electronics Co. Vice Chairman Jay Y. Lee met with Vietnam’s Prime Minister Nguyen Xuan Phuc on Oct. 20 to discuss ways to strengthen bus...
Oct 21, 2020 (Gmt+09:00)
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Business expansion
Samsung’s Jay Y. Lee embarks on Vietnam trip, may meet PM Phuc
Samsung Electronics Co. Vice Chairman Jay Y. Lee is visiting Vietnam, where he is widely expected to meet Prime Minister Nguyen Xuan Phuc to seek more...
Oct 19, 2020 (Gmt+09:00)
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KEPCO set to finance $190 mn for Vietnam’s coal power plant project
Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...
Oct 05, 2020 (Gmt+09:00)
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M&As
Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market
Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...
Sep 23, 2020 (Gmt+09:00)
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Debt
Lotte Corp's corporate bond issue raises staggering $665 mn in demand
South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...
Aug 26, 2020 (Gmt+09:00)
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Debt
Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September
Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...
Aug 12, 2020 (Gmt+09:00)
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M&A
Hyundai, Santander to acquire German car rental firm for $170 mn
Spain’s Banco Santander and Hyundai Capital Services Inc. have decided to buy a controlling stake in Sixt Leasing SE, a unit of German car renta...
Feb 20, 2020 (Gmt+09:00)
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Real estate
Hana Fin, Hotel Lotte buy Seattle hotel for $175 mn
Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...
Dec 31, 2019 (Gmt+09:00)
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Pension fund
NPS sets up $860 mn Vietnam investment fund with SK Group
The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...
Dec 18, 2019 (Gmt+09:00)
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Hana Fin, Lotte Non-life lend $85 mn for US midstream project
Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...
Jul 29, 2019 (Gmt+09:00)
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Korean VC firms invest $26 mn in India, Vietnam start-ups
South Korean venture capital firms have invested a combined $26 million in Internet-based start-up companies in India and Vietnam, betting on the rapi...
Jul 19, 2019 (Gmt+09:00)
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Vietnam’s Vingroup raises $400 mn from new stock sale to Hanwha Asset
Vingroup JSC, Vietnam’s largest conglomerate, has issued convertible preferred shares to raise $400 million in a private placement to South Korea’s Ha...
Aug 23, 2018 (Gmt+09:00)
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[Interview] Lotte’s insurance arm eyes US infrastructure, private debts for low-risk alternatives
Lotte Non-Life Insurance Co. Ltd., a unit of South Korea’s retail giant Lotte Group, is looking to US infrastructure and private debt markets in Europ...
Mar 07, 2017 (Gmt+09:00)
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KKR’s securitized debt attracts $210 mn from Korea’s Lotte, Hana: report
South Korea’s Hana Asset Management Co. Ltd. will invest $110 million in principal-protected debt issued by Kohlberg Kravis Roberts (KKR) & Co. on...
Nov 30, 2016 (Gmt+09:00)
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Korean food
Lotte Wellfood to collaborate with Topper Guild for Pepero Day promotion
South Korea’s Lotte Wellfood Co. said on Monday it will partner with US YouTuber Topper Guild to promote Pepero Day on Nov. 11,...
1 MINUTES AGO
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Corporate strategy
KT, Lotte, DL to divest a series of hotels
South Korea's Lotte Group, KT Group, and DL Group plan to sell their domestic hotels....
1 MINUTES AGO
Latest News
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- 5 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit