SK ecoplant sells stake in battery maker Ascend Elements
Published: 09 Sep. 2024, 18:08
The company sold its 9.22 million stocks to the Seoul-based private equity firm SKS PE for 131.6 billion won ($98 million).
SK ecoplant had invested $60.8 million in the stocks, which currently account for 7.7 percent of the U.S. firm's 119.76 million outstanding shares, between 2022 and 2023, according to the company's statement.
Yonhap
with the Korea JoongAng Daily
To write comments, please log in to one of the accounts.
Standards Board Policy (0/250자)