EV Battery-Maker SK Gets Middle East Money from QIA and SNB Capital

Posted on 05/25/2023

SK on Co., Ltd. is the world’s fifth-largest battery manufacturer. SK On Co. disclosed they got 1.2 trillion won (US$ 944 million) investment for a minority stake from a consortium of BlackRock, Qatar Investment Authority (QIA), North Asia-focused asset manager MBK Partners Ltd., and others. SK Innovation Co. is the parent company of SK On…

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