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The family feud at Japanese-Korean retail giant Lotte Group has intensified as Chairman Shin Dong Bin’s older brother attempts to oust him from one of the conglomerate’s key companies.

Kwang Yoon-sa will hold a shareholders meeting Wednesday to dismiss Shin from his director position and will hold a board meeting afterward to appoint Lotte founder Shin Kyuk-ho’s older son Shin Dong-joo as chief executive officer, according to an emailed statement from the eldest son’s company.

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