March 6 (Reuters) - Lotte Chemical Titan LOTT.KL : * SALE OF SHARES IN PT LOTTE CHEMICAL INDONESIA BY LOTTE CHEMICAL CORPORATION * DEAL FOR $462.7 MILLION * BOARD HAD DELIBERATED AND MADE A DECISION NOT TO ACCEPT OFFER BY LOTTE CHEMICAL CORPORATION * OFFER TO ACQUIRE 394.9 MILLION SHARES IN PT LOTTE CHEMICAL INDONESIA Further company coverage: LOTT.KL ((Reuters.Briefs@thomsonreuters.com;))