M&A spree

KKR makes a killing as SK Group extends spree with KCF swoop

The Korean conglomerate splashes out $1 billion on the world’s largest copper foil manufacturer, paying almost four times what KKR paid less than 18 months earlier.

Danny Leung

June 13, 2019

SK Group's purchase of copper foil maker KCF Technologies for W1.2 trillion ($1 billion) continues the Korean conglomerate's crusade for new revenue sources and seals what appears to be a hefty profit for seller KKR.

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M&A
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#kcf technology
#autos
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#acquisitions