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Nearly 300 Billion Won Invested, but only 46.5 Billion Won on the Books… 5 Years Into Lotte Shopping’s ‘Hanssem Bet’
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[Digital Daily Reporter Wang Jin-hwa] It has been revealed that the book value of the private equity fund into which Lotte Shopping invested approximately 300 billion won during the acquisition of Hanssem has fallen to the 46 billion won range. Impairment losses recognized in three installments since the investment alone amount to approximately 250 billion won. With the market value of the Hanssem stake also significantly lower than at the end o…
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