Hahn & Co. completes acquisition of film business from SKC
Korean private equity firm Hahn & Co. said that it has successfully completed the acquisition of the industrial film business of SKC, an affiliate of Korea's SK Group, earlier this month. The 1.6 trillion won ($1.2 billion) buyout deal is the country's largest M&A transaction closed this year. Hahn & Co. and the SK Group signed a stock purchase agreement in June this year, laying out that the Seoul-based private equity firm would acquire a 100-percent stake in SKC's polyester (PET) film business at the price of 1.6 trillion won. SKC's industrial film unit is the largest in Korea and the fourth...
Source: koreatimes.co.kr
