LOTTE rental co., ltd. Tender offer for all remaining shares at KRW 59,000 per share for delisting
LAI summary · Not investment advice
Lexicon Korea Holdco Inc. offers KRW 59,000 per share for all remaining LOTTE rental shares (38.83%) to delist it, 11.5% above the reference close, until December 3.
Tender offer price per share
KRW 59,000
11.5% premium to the reference closing price
Key facts
- Tender offeror
- Lexicon Korea Holdco Inc.
- Shares sought
- 14,097,325 shares38.83% of total issued shares
- Tender offer period
- Nov 6, 2026 – Dec 3, 2026
- Premium to reference price
- 11.5%
- Target company
- LOTTE rental co., ltd.
- Relationship with target
- Largest shareholder or officer of the target company
- Purpose of tender offer
- Delisting
- Payment method
- Cash paymentAll tendered shares purchased regardless of the tender ratio
- Settlement date
- Dec 7, 2026
- Reference closing price per share
- KRW 52,900Closing price on the business day before the announcement (2026.11.05)
- Stake before tender offer
- 61.17%
- Stake after tender offer
- 100.00%
- Total tender offer amount
- KRW 831.7 billion
- Borrowings
- KRW 831.7 billionLenders: KB Securities Co., Ltd. and Woori Bank
Commentary
AI commentary · Not investment advice
What happened
Lexicon Korea Holdco Inc. said it will buy 14,097,325 shares of LOTTE rental at KRW 59,000 per share in cash. This is a tender offer (an offer to buy shares from all shareholders at a set price within a set period). The purpose is to delist LOTTE rental from the stock market. Lexicon Korea Holdco is the largest shareholder of LOTTE rental. The purchase costs KRW 831.7 billion, all funded by borrowings. The lenders are KB Securities Co., Ltd. and Woori Bank. KB Securities Co., Ltd. handles the tender offer.
In the company's terms
The offer price is 11.5% above the reference closing price of KRW 52,900. The reference price is the close on 2026.11.05, the business day before the announcement. The shares sought equal 38.83% of total issued shares. Lexicon Korea Holdco currently holds 61.17%. If it buys all the shares sought, its stake becomes 100.00%.
What changes for shareholders
The tender offer period runs from 2026.11.06 to 2026.12.03. Payment goes to tendering shareholders' accounts on 2026.12.07. The buyer said it will purchase all tendered shares, however many are tendered. If it buys all the shares sought and meets the requirements, LOTTE rental plans to apply for voluntary delisting.
How is this disclosure for shareholders?
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8da9dkej
부럽다. 내 하이닉스도 누가 공개매수 안하나 엄청 저렴한거 같은데
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