Hotel Lotte expected to withdraw IPO plan on Monday-source

June 13, 2016 4:57 AM

17 0

SEOUL, June 13 Hotel Lotte Co Ltd is expected to withdraw its initial public offering plan on Monday, a source with direct knowledge of the matter said on Monday.

The withdrawal of the plan is expected to be made public some time after market closes at 3 p.m. local time, the source said, declining to be identified as the matter was as yet private.

Also read: Obama Administration Expects Robust Open Enrollment Under ACA

Read more

To category page