SK Innovation to acquire the remaining 30% stake in SK Enmove from IMM for KRW860bn.

Synopsis

SK Innovation, an intermediate holding company of SK Group, agreed to acquire the remaining 30% stake in SK Enmove, an energy and chemical company, from IMM, a private capital management firm, for KRW860bn.

Principals

target

Sk Enmove

bidder

Sk Innovation

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Market Context

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Seller Team (1)

wone-kee kim

CEO at SK ENMOVE

Manager

target

Deal

£ 465 M

Total Value

Bidder Team (1)

hyeong-wook choo

CEO at SK INNOVATION

Manager

bidder

Deal

£ 465 M

Total Value

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