SK Group to keep affiliates safe from hostile takeover after chairman's divorce ruling

SK

17/06/2024 03:36

SEOUL, June 17 (Reuters) - South Korea's SK Group
Chairman Chey Tae-won said on Monday the conglomerate will make
sure that the outcome of his recent divorce payment ruling does
not leave SK companies vulnerable to hostile takeover or other
problems.
    The Seoul High Court ruled in late May that Chey must pay
more than $1 billion to his estranged wife as part of their
planned divorce. 

 (Reporting by Joyce Lee; Editing by Shri Navaratnam)
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