Skip to content

← All news

Markets

TPG Agrees to Buy South Korea’s Lotte Rental for $925 Million

1 source ·1 article ·Aug 11, 09:57 UTC TPG

TPG Capital has agreed to acquire a 61.2% stake in Lotte Rental Co. for 1.31 trillion won ($925 million), reviving a sale of South Korea’s largest car-rental company months after regulators blocked an earlier takeover.

Covered by 1 outlet

All coverage · 1 article

Bloomberg Markets ·Aug 11, 09:57 UTC

TPG Agrees to Buy South Korea’s Lotte Rental for $925 Million

TPG Capital has agreed to acquire a 61.2% stake in Lotte Rental Co. for 1.31 trillion won ($925 million), reviving a sale of South Korea’s largest car-rental company months after regulators blocked an earlier takeover.