Lotte Rental (089860.KS) Tender Offer Outlook: What TPG’s 2 Board Seats Mean for Dividends, Debt and a KRW 59,000 Tender Offer
TPG takes 2 of 7 Lotte Rental board seats on Oct 30. What it means for dividends, KRW 871bn of puttable bonds and a KRW 59,000 tender offer, per 14 precedents.