TPG to buy Lotte Rental in W1.3tr deal
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Source: The Korea Herald
Published: 2026-08-12 16:10 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Property & Housing, World News
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Snippet:
Lotte signed an agreement to sell its controlling stake in Lotte Rental, the operator of the country's top car rental brand Lotte Rent-a-Car, at 1.31 trillion won ($926 million) to US-based private equity firm TPG, the group announced Tuesday.
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