South Korea's Lotte sells stalled China theme park project for $326m

South Korea's Lotte sells stalled China theme park project for $326m

FILE PHOTO: A man carryng his shopping bags rides on an escalator at a Lotte duty free shop in Seoul, South Korea, December 13, 2016. Picture taken December 13, 2016. REUTERS/Kim Hong-Ji/File Photo

South Korean retail conglomerate Lotte Group has sold for about 450 billion won ($326.73 million) its China theme park project that has been stalled due to geopolitical tensions, South Korean online media outlet MoneyToday reported on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter