SKC to sell SK Pucore to Glenwood PE for $390 million

SKC signed a memorandum of understanding to sell its 100% stake in SK Pucore to Glenwood Private Equity for approximately 500 billion won ($390 million). The deal is expected to close in July 2023, with proceeds used to expand copper foil production and acquire other companies.

“SKC Ltd., a South Korean chemical materials maker, is set to sell a subsidiary to Glenwood Private Equity in a deal estimated at 500 billion won ($389.7 million).”kedglobal.com

• 1 source
• kedglobal.comSKC to sell unit to Glenwood PE at $390 mn for future biz - KED GlobalJi-Eun HaJun 14, 2023

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