SK Group to invest $340m in The CrownX.

Synopsis

SK Group, a South Korea's third-largest conglomerate, agreed to invest $340m in The CrownX, a consumer-retail platform. Through its new investment, SK would expand cooperation with Masan in online and offline distribution, logistics and fintech in Vietnam.

Principals

target

The Crownx

bidder

Sk Group

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Market Context

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Seller Team (1)

truong cong thang

Chairman and CEO at THE CROWNX

Manager

target

Deals

£ 252 M

Total Value

Bidder Team (2)

chey tae-won

Chairman at SK GROUP

Manager

bidder

Deals

£ 3.84 B

Total Value

park won-cheol

Head of Southeast Asia at SK GROUP

Manager

bidder

Deals

£ 547 M

Total Value

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