Saturday 04 Feb 2012

All posts tagged GS Retail

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Bidders emerge in Hi-Mart sale

Retailers are lining up to join the bidding for South Korea electronics chain, Hi-Mart. According to this Reuters report,  Shinsegae and GS Retail confirmed their participation via regulatory filings, while Lotte Group told Reuters it was considering a bid as …

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GS Retail planning for December IPO

Reuters has reported that GS Retail, a South Korean convenience store and supermarket chain operator, is planning to offer 15.4 million shares in its initial public offering to

LG International likely seeking to sell stake in GS Retail

LG International, the listed South Korean distributor, is likely seeking to sell its 32% stake in GS Retail, reported the Money Today. GS Retail is the South Korean supermarket

Sold: Lotte signs deal to acquire GS Retail’s supermarket chain, department store units

Lotte Shopping yesterday signed an agreement to acquire GS Retail's supermarket chain and department store units for KRW 1.34trn (USD 1.15bn). GS Retail is the unlisted retail company that

GS Retail Update: Lotte likely to acquire stores

The Yonhap News article 'Lotte likely to acquire GS discount stores' states - SEOUL, Feb. 9 (Yonhap) -- Lotte Group, a South Korean conglomerate, is likely to buy the

Update: 7 LOI submitted in GS Retail sale

Seven companies have submitted LOI to acquire GS Retail's supermarket chain and department store divisions, reported the Korea Economic Daily. The report (Korean), which cited industry sources, stated that

GS Retail’s unit sale: Lotte confirms interest

Lotte Shopping confirms interest in acquisition of GS Retail's supermarket and department store unit. According to a report in Wednesday's Korea Economic Daily, Lotte Shopping, the listed South Korean

GS Retail’s check-out line – 10 bidders or less

GS Retail attracts interest from 10 companies (Korean) GS Retail's supermarket chain and department store chain have attracted interest from ten companies, reported the Korean version of the Maeil Business,

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