MBK Partners and BlackRock Eye Investment in Battery Unit SK ON

Posted on 04/21/2023

SK Innovation Co., Ltd. is an intermediate holding company of SK Group engaged in petroleum, alternative energy, and oil exploration. SK Innovation’s secondary battery subsidiary SK ON is seeking to finalize up to a 1.5 trillion won (US$1.1 billion) in investment from a consortium that is made up of MBK Partners and BlackRock Inc. Other…

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