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Bloomberg

BusinessBloomberg·Aug 11, 2026·1 min read

TPG Agrees to Buy South Korea’s Lotte Rental for $925 Million

TPG Capital has agreed to acquire a 61.2% stake in Lotte Rental Co. for 1.31 trillion won ($925 million), reviving a sale of South Korea’s largest car-rental company months after regulators blocked an earlier takeover.

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