KKR offers 40% premium to buy out Axel Springer minorities

Go back to KKR offers 40% premium to buy out Axel Springer minorities

KKR & Co. (KKR) Reports Sale of KCF Technologies to SK Group Affiliate SKC for Approx. $1B

June 13, 2019 5:51 AM EDT

KKR (NYSE: KKR) today announced that SK Group affiliate SKC (SKC) will acquire a 100% equity stake in KCF Technologies (KCFT or the Company) from KKR for KRW1.2 trillion (US$1 billion).

KCFT is a global-leading producer of copper foils and flexible copper clad laminates predominantly used in li-ion batteries for... More