Brief: Lotte Confectionery to divest food business into new subsidiary
April 26 (Reuters) - Lotte Confectionery Co Ltd 004990.KS
:
* Says it will divest food business into a new subsidiary
named Lotte Confectionery Co.,Ltd
* Expected divestiture date is Oct.1
Source text in Korean: https://goo.gl/IdgHpw
Further company coverage: 004990.KS
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))
Recent news on LOTTE
See all newsBrief: Lotte Biologics Lotte Corp To Buy 155 Billion Won Worth Of New Shares
Brief: Lotte Corp Affiliate Lotte Biologics To Conduct Capital Increase Of 255 Billion Won
Brief: Lotte Group Suspends Talks With Affinity Equity Partners On Stake Sale In Lotte Rental - Yonhap
Brief: Lotte Corp - Decides To Cancel 5,245,461 Common Shares On March 31
Brief: Lotte Corp To Cancel 166 Billion Won Worth Of Own Shares