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# Lotte IPO delay
- URL: https://hospitality.pro/lotte-ipo-delay/
- Published: 2016-06-07T04:46:07.000Z
- Updated: 2016-08-16T08:11:02.000Z
- Author: Holedo
- Tags: Hospitality Industry News, Earnings Dividends & Forecasts, News, #wordpress, #Import 2026-04-16 12:15

Lotte Group’s initial public offering of its hotel unit, which may be South Korea’s largest listing on record, will be delayed after reports said a company executive is being investigated, people familiar with the matter told Bloomberg.  
A new timetable for marketing of the IPO, previously scheduled for June 6, hasn’t been set yet, the people said.  
A Lotte Group spokesman confirmed that the roadshow schedule will be “adjusted” but declined to comment on the reason.  
Prosecutors visited Hotel Lotte Co with a search-and-seizure warrant late this week as part of a bribery investigation. The hotel unit and a company executive are subjects of the investigation.