Shinhan buys $500M stake in Lotte Non-Life
South Korean firm Shinhan Financial Group Company Ltd. has agreed to acquire a 77% stake in domestic peer Lotte Non-Life Insurance Company Ltd. from Seoul-based private equity firm JKL Partners Inc. for 693.3 billion South Korean won ($515...
Read more: https://www.businessinsurance.com/shinhan-buys-500...
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