SK Group Board Meeting on July 31 to Discuss SK Siltron Sale Amid Chip Recovery

SK-2.22%
Doosan-0.58%
According to industry sources, SK Group will hold a board meeting on July 31 to discuss the sale of SK Siltron, its semiconductor wafer manufacturing subsidiary. The deal, which has been under negotiation for seven months since SK selected Doosan as the preferred bidder in December last year, appears to be approaching a final decision. The prolonged negotiations have been driven by improvements in the semiconductor industry, which have increased the asset's valuation.
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