SHV is selling its entire stake and management rights in the joint venture to Lotte Shopping.

SHV将向乐天百货出售其在中贸联万客隆的所有股份及经营权。

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Lotte Shopping plans to rebrand the Chinese company as Lotte Mart after the acquisition is completed.

乐天百货打算在收购完成后将这家中国公司的品牌改为Lotte Mart。

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Lotte is South Korea's No. 1 department-store operator in terms of sales, controlling more than 40% of the market.

乐天是韩国销售额最高的百货公司经营商，市场占有率逾40%。

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One worried company is Lotte, which is based on the giant Wilton complex in Teesside.

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Lotte last month launched Xylitol Helco gum in South Korea to fight the bacteria causing stomach ulcers.

ECONOMIST: Medical confectionery

He secured British citizenship, but then decamped with his second wife, Lotte Altmann, to New York, and, later, to Brazil.

NEWYORKER: The Escape Artist