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Lotte Group's restructuring plan seen boosting chairman's control

Thursday, April 27, 2017 - 05:50

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A public feud has pitted chairman Shin Dong-bin (above) against elder brother Shin Dong-joo.

Seoul

SOUTH Korea's Lotte Group said it is setting up a holding company by restructuring the conglomerate's four listed units to boost operational transparency, a move analysts say could enhance its chairman's control amid a power struggle with his brother.

The country's fifth-

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