SK Group Chairman Chey sells stake to Dell family office fund for $406 million
SEOUL: SK Group Chairman Chey Tae-won has agreed the sale of a 1.34% stake in holding company SK Inc to an investment fund linked to Dell Technologies founder Michael Dell for 544 billion won ($406 million), a regulatory filing showed on Wednesday. The deal...
SEOUL: SK Group Chairman Chey Tae-won has agreed the sale of a 1.34% stake in holding company SK Inc to an investment fund linked to Dell Technologies founder Michael Dell for 544 billion won ($406 million), a regulatory filing showed on Wednesday. The deal is part of Chey’s plan to raise 944 billion won through share sales to pay a divorce settlement to his former wife. The buyer of 972,493 SK Inc shares was ide...