{
  "id": 14357270,
  "title": "SK Group Chairman Chey sells stake to Dell family office fund for $406 million",
  "url": "https://urgent.news/2026/10/14/sk-group-chairman-chey-sells-stake-to-dell-family-office-fund-for-406-14357270",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-14T02:48:07.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444133/sk-group-chairman-chey-sells-stake-to-dell-family-office-fund-for-406-million"
  },
  "original_language": "en",
  "account": "SK Group Chairman Chey Tae-won has sold a 1.34% stake in the holding company SK Inc to an investment fund connected to Dell Technologies founder Michael Dell for 544 billion won ($406 million). This transaction is part of Chey's strategy to raise 944 billion won through share sales to settle a divorce from his former wife. The buyer, DFO Public Investments, L.P., is a Delaware-based fund linked to Michael Dell's family investment office. The deal, disclosed in a regulatory filing on Wednesday, constitutes a 0.94% stake in SK Inc, with 681,431 shares sold to Korea Investment & Securities for 400 billion won. Dell Technologies, known for its AI servers and data center infrastructure, maintains business connections with SK Hynix, SK Group's memory chip manufacturing division.",
  "summary": "SEOUL: SK Group Chairman Chey Tae-won has agreed the sale of a 1.34% stake in holding company SK Inc to an investment fund linked to Dell Technologies founder Michael Dell for 544 billion won ($406 million), a regulatory filing showed on Wednesday. The deal is part of Chey’s plan to raise 944 billion won through share sales to pay a divorce settlement to his former wife. The buyer of 972,493 SK…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "SK Group Chairman Chey sells stake to Dell family office fund for $406 million",
        "url": "https://urgent.news/2026/10/14/sk-group-chairman-chey-sells-stake-to-dell-family-office-fund-for-406",
        "published": "2026-10-14T01:53:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}