Wednesday, May 18, 2016

South Korea's Hotel Lotte plans $4.9 billion IPO, year's largest: sources

SEOUL (Reuters) - South Korea's Hotel Lotte Co Ltd [HTLOT.UL] plans a share sale worth up to 5.7 trillion won ($4.85 billion) next month, sources said on Wednesday, in what would be the world's biggest initial public offering since late 2015.

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