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SK retains 60% stake in its lubricants business

South Korean conglomerate SK Innovation has closed the deal to sell a 40%, instead of the expected 49%, stake of its lubricants business to IMM Private Equity. SK Innovation keeps majority ownership of SK Lubricants, with a 60% stake. The deal, with a price tag of KRW1.09 trillion or just under USD1 billion, will be […]

The post SK retains 60% stake in its lubricants business appeared first on F&L Asia.

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