S.Korea's Hotel Lotte to hit market with $4.9b IPO, year's largest

S.Korea's Hotel Lotte to hit market with $4.9b IPO, year's largest

Visual from Lotte Hotel website

South Korea’s Hotel Lotte Co Ltd plans a share sale worth up to 5.7 trillion won ($4.85 billion) next month, sources said on Wednesday, in what would be the world’s biggest initial public offering since late 2015.

Bring stories like this into your inbox every day.

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