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18 October 2018 The on-line newspaper devoted to the world of transports 15:57 GMT+2



October 1, 2018

SK Group in talks to sell SK Shipping to private equity fund

South Korea's third largest conglomerate SK Group is moving to shed its shipping business SK Shipping Co. amid worsening financial conditions of the unit and the government's regulations on intra-affiliate transactions by large business groups. SK Holdings Co., the holding entity of SK Group, is reportedly seeking to sell a majority of its stake in SK Shipping to local private equity firm Hahn & Co. for an estimated 1.5 trillion won ($1.3 billion), according to sources ......
Read more on Pulse by Maeil Business News Korea





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