Lotte Shopping picks Goldman to manage sales of supermarkets in China
14/09/2017 08:34
SEOUL, Sept 14 (Reuters) - South Korea's Lotte Shopping
023530.KS has picked Goldman Sachs GS.N to manage the
potential sales of its supermarkets in China, an official at the
parent group said on Thursday.
The official added that it had not been decided whether the
retailer would sell all of its supermarkets in China or part of
them.
Lotte Shopping previously said it was considering selling
its supermarkets in China and other options should political
tensions between Seoul and Beijing continue next year.
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(Reporting by Hyunjoo Jin; Editing by Himani Sarkar)
((Haejin.Choi@thomsonreuters.com;))
Keywords: LOTTE SHOPPING CHINA/