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SK Group Weighs Trillion-Won Westinghouse Stake

SK Group is reportedly considering participating in the government's acquisition of a stake in the U.S. nuclear power company Westinghouse. The government is exploring a joint acquisition with domestic companies to reduce the financial burden on the Korea Electric Power Corporation and the Korea Hydro & Nuclear Power, which will be the main acquiring entities.

SK Group is believed to be reviewing a plan to participate as a major investor, with the target acquisition stake ratio by the government being 5% to 10%, including voting rights.

Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesskorea.co.kr →

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