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SK Group to Divest Stake in Electric Vehicle Charger Maker SK Signet
2025-05-15 /
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Author：小编
A report by the Korea Economic Daily indicates that SK Group intends to sell a 62.9% shareholding in electric vehicle charger manufacturer SK Signet, as disclosed by investment banking insiders. This strategic decision aims to realign the group's business portfolio for better balance. SK Group has appointed a foreign investment bank to manage the sale process and is actively seeking a Korean private equity fund to assume ownership. SK Group acquired Signet four years ago, but the division has faced significant challenges in the competitive electric vehicle market. Consequently, SK Signet reported an operating loss of KRW 242.8 billion in 2024.
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