Showing posts with label SK Telecom. Show all posts
Showing posts with label SK Telecom. Show all posts

Thursday, August 25, 2011

Korean chaebol and Arab wealth fund bid for Hynix stake

According to the Wall Street Journal, a Korean Chaebol may join forces with an Arab sovereign wealth fund to take up a 15% stake in Hynix which would give them management control of the memory company.

The Chaebol, STX, builds ships among other activities. It owns the European ship building interests formerly operated by Kvaerner, Alstom and Aker which include shipbuilding yards in Brazil Finland, Norway, France, Rumania and Vietnam.