SK Group mulling sale of shares in China Gas HoldingsThe possible sale of natural gas service operator China Gas Holdings may prod Korea’s SK Group to consider selling its stake in the Chinese firm, an industry source said yesterday.
China Gas was reported this week to have rejected a $2.2 billion cash bid from state energy giant China Petroleum & Chemical Corp. and Chinese gas distributor ENN Energy Holdings Ltd., saying the offer does not reflect the company’s actual value.
More in Industry
LG Display swings to profit in Q4 as OLED sales increase
LG Electronics wins a tech Emmy for its OLED TVs
To U.S. and away from China is the new investment trend
LG Chem's 2020 net profit breaks 1 trillion won
Big Hit, Naver and YG join forces in a big K-pop stock swap