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Lotte Chairman Sells 214 Bln Won Worth of Shares in Retail Unit

Lotte Chairman Sells 214 Bln Won Worth of Shares in Retail Unit

SEOUL, Nov. 21 (Korea Bizwire) – Lotte Shopping Co., the retail affiliate of South Korea’s fifth-largest conglomerate Lotte, said Tuesday that the group chairman sold part of his holdings in the company for 214.6 billion won (US$196 million). Chairman Shin Dong-bin unloaded over 1 million shares of Lotte Shopping after the local stock market closed, [...]