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피터빈트

[Graphic News] Lotte most active in M&A

By Lee Hyun-jeong

Published : June 22, 2016 - 18:32

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Korea’s retail giant Lotte Group topped the ranking for making mergers and acquisitions deals over the past six years, data showed Tuesday.

According to corporate tracker CEO Score, Lotte took over a total of 21 companies through M&A deals from 2010 to 2015. The size of the deals amounted to $6.5 billion, accounting for 20 percent of total M&A deals made by the top 30 conglomerates.

Lotte Group chairman Shin Dong-bin has aggressively pushed for the deals since 2004, completing 36 such deals so far with an aim to reach 200 trillion won ($173 billion) in sales by 2020.

Hyundai Motor Group stood at No. 2 with $4.6 billion, followed by SK Group with $3.8 billion and steelmaker POSCO with $3.5 billion.

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