SK On and EVE Energy will swap stakes worth about 400 billion won ($295 million) in their Chinese battery joint ventures, with SK On gaining full control of SKOJ and EVE Energy taking full ownership of EUE, as part of a portfolio rebalancing strategy.
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https://en.infomaxai.com/news/articleView.html?idxno=91798
#YonhapInfomax #SKOn #EVEEnergy #JointVenture #StakeSwap #ProductionCapacity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91798
SK On, EVE Energy Swap Stakes Worth 400 Billion Won in Chinese Joint Ventures
SK On and EVE Energy will swap stakes worth about 400 billion won ($295 million) in their Chinese battery joint ventures, with SK On gaining full control of SKOJ and EVE Energy taking full ownership of EUE, as part of a portfolio rebalancing strategy.