TPG agrees to acquire Lotte Rental stake: what it means for Lotte Rental stock
Published on 10/14/2026 at 02:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAcquisition and quarterly figures
- TPG agreed to acquire a controlling stake in Lotte Rental, according to a report carried in October 2026.
- Revenue reached KRW 765.8 billion in the second quarter of 2026, up 2.30 percent year over year.
- Lotte Rental stock was last at KRW 50,900.00 on October 13, 2026 at 3:30 p.m. KST on the KOSPI.
- The next filing deadline for the September 2026 period is November 16, 2026.
Lotte Rental (KR7089860001) is at the center of a proposed control transaction after US private equity firm TPG agreed to acquire a controlling stake, KED Global reported. The deal puts ownership and valuation back at the center of the investment case, while the latest reported quarter shows continued revenue growth.
What does the transaction change?
The reported transaction concerns control of South Korea's largest car rental company. KED Global described TPG as agreeing to acquire the controlling stake, making the ownership structure the key company-specific development for Lotte Rental stock.
The operating picture provides a second reference point. According to ATS View, consolidated revenue reached KRW 765.8 billion in the second quarter of 2026, up 2.30 percent from the same period a year earlier. Operating profit was KRW 84.6 billion, equal to an 11.10 percent margin.
Revenue growth meets valuation questions
The quarterly comparison is constructive but measured: revenue growth was 2.30 percent year over year, while the operating margin stood at 11.10 percent. That combination leaves the transaction as the main variable for investors, because ownership terms can affect the strategic direction of the rental fleet and mobility business.
ATS View also lists KRW 1,200.00 per share as the cash dividend for fiscal year 2025 and a 3.70 percent indicated dividend yield. The same source identifies Lotte Rental as listed on the KOSPI under ticker 089860.
Next reporting date is November 16
The next dated company reporting milestone is November 16, 2026, when the filing deadline for the September 2026 period is listed, according to ATS View. This date gives the market a defined checkpoint for judging whether the second-quarter revenue trend continued.
The latest structured quote showed Lotte Rental last at KRW 50,900.00 on the KOSPI on October 13, 2026 at 3:30 p.m. KST. The 52-week range was KRW 26,650.00 to KRW 53,100.00, and market capitalization was KRW 1.8 trillion on the same quote snapshot.
Lotte Rental key figures
- Company: LOTTE rental co., ltd.
- ISIN: KR7089860001
- Ticker: 089860
- Primary exchange: Korea Exchange KOSPI
- Primary exchange last price: KRW 50,900.00 as of October 13, 2026, 3:30 p.m. KST
- Market capitalization: KRW 1.8 trillion as of October 13, 2026
- 52-week range: KRW 26,650.00-KRW 53,100.00 as of October 13, 2026
Market context: Market report KOSPI.
