Shinhan Financial signs deal to buy 77.04% stake in Lotte Non-Life Insurance for KRW 693.34 billion

Bitget2026/10/13 04:08

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Shinhan Financial Group agreed to buy Big Tura’s entire 77.04% stake in Lotte Non-Life Insurance.
The deal covers 239,082,287 common shares for KRW 693.34 billion.
Signing took place on Oct. 13, 2026.
Closing is expected once required approvals and other closing conditions are met.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lotte Non-Life Insurance Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261013800179), on October 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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