Macquarie to acquire Loca Mobility from Lotte Card for $304.8m.

Synopsis

Macquarie, a financial services group, agreed to acquire Loca Mobility, a public transportation card operator, from Lotte Card, a credit card company, for $304.8m.

Principals

target

Loca Mobility

bidder

Macquarie Group

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Market Context

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Seller Team (1)

min soo son

CEO at LOCA MOBILITY

Manager

target

Deal

£ 245 M

Total Value

Bidder Team (1)

shemara wikramanayake

CEO at MACQUARIE GROUP LIMITED

Manager

bidder

Deals

£ 58.95 B

Total Value

Vendor Team (1)

jwa-jin cho

CEO at LOTTE CARD

Manager

vendor

Deal

£ 245 M

Total Value

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