Woori Financial joins bid for Lotte Insurance
By Anna J. Park | The Korea Times | April 25, 2023
Main bidding to take place as early as June
Woori Financial Group has jumped into the bidding competition to acquire Lotte Insurance, industry sources said Thursday. Woori Financial is the only major domestic financial group that does not have an insurance affiliate, and the group has long outwardly spoken about its intention to strengthen its non-banking business through acquisitions.Read More »Woori Financial joins bid for Lotte Insurance