Regina Tan and Sohee Kim, Bloomberg
If we thought things were already complicated enough with Lotte's family feud, they just got a lot more complicated now that the company is under investigation for embezzlement.
3 years ago
Hui-yong Yu and Sohee Kim, Bloomberg
Chinese insurance firms named Anbang aren't the only ones looking to invest in hotel properties abroad.
3 years ago
Regina Tan and Jung Park, Bloomberg
They were pushing hard to make the IPO happen fast, but these disclosure do not make for a good environment to go public, no matter how large the company.
3 years ago
Sohee Kim, Bloomberg
American travelers may not know the Lotte Hotels brand very well (although the company owns the iconic New York Palace hotel where President Obama stays). But it's clear that if the hotel group goes public, its reputation as a major international hospitality player will only grow--that is, if it can prevent family in-fighting from tearing the company apart.
3 years ago
Lee Chang-ho and Joyce Lee, Reuters
We've almost forgot what a travel brand IPO looks like.
3 years ago