SK Group Chairman Sells Stake in SK Inc. to Dell Family Office Fund
SK Group chairman Chey Tae-won has agreed to sell a 1.34% stake in SK Inc., the conglomerate’s holding company, for approximately $406 million (544 billion won) to DFO Public Investments, an investment fund managed by Michael Dell's family office. The transaction highlights growing cross-border investments between South Korean and U.S. tech firms. The deal is expected to strengthen ties between SK Group and the Dell Technologies founder’s network while providing capital for strategic initiatives within SK Inc., which oversees a range of businesses including semiconductors, energy, and telecommunications. This move could signal confidence in SK's long-term growth potential among international investors.
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Topics: DFO Public Investments investment fund Michael Dell SK Group