IMM PE to buy 49% stake in SK Lubricants from SK Innovation for $1.34 billion

IMM Private Equity, via its unit IMM Credit Solution, will acquire a 49% stake in SK Lubricants from SK Innovation for an estimated 1.5 trillion won ($1.34 billion). SK Innovation retains 51% and management control.

“With the investment, IMM PE becomes the second largest shareholder of the world's leading premium lubricants maker”pulse.mk.co.kr

• 1 source
• pulse.mk.co.krIMM PE to buy SK Innovation’s 49% stake in SK Lubricants for $1.34 bn - 매일경제 영문뉴스 펄스(Pulse)Apr 22, 2021

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