You are here

Younger son of founder strengthens his hold on Lotte Group

BT_20150818_DNLOTTE18_1829354.jpg
An extraordinary shareholders' meeting has approved a proposal calling for Mr Shin Dong Bin to establish a stable management structure and strengthen its corporate governance.

Seoul

THE younger son of the Lotte Group's founding family has strengthened his hold on the South Korean conglomerate amid a bitter succession feud with his elder brother, winning the backing of shareholders at a key Tokyo-based holding company.

An extraordinary shareholders'...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes