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Lotte Group Goes All-Out to Cope with Construction Unit Liquidity Squeeze

Lotte Group Goes All-Out to Cope with Construction Unit Liquidity Squeeze

SEOUL, Nov. 24 (Korea Bizwire) — Lotte Group is quickly responding to the liquidity squeeze of its construction unit amid concerns that the construction unit’s liquidity problem, caused by the recent bond market crunch, could spill over to other parts of the group. Lotte Engineering & Construction Co. carried out a 200 billion won (US$149 [...]