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Lotte Energy Materials sells 90% Lotte Ecowall stake for 170.8 billion won

Verifying
  • Lotte Energy Materials completed the sale of 90% of Lotte Ecowall to Reelson Private Equity.
  • The transaction was valued at 170.8 billion won, or $123 million.
  • Lotte Energy Materials will direct proceeds toward core copper foil operations and high-value products.
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