SK Group benefits from M&As by holding firm SK Holdings
Feb. 27, 2017
SK Group, South Korea's No. 3 conglomerate, has largely benefited from mergers and acquisitions pushed by the group's holding firm, SK Holdings Co., in the chipmaking and biotech sectors, industry sources said Monday.SK Materials Co., a semiconductor materials company taken over by SK Holdings, reported record-high earnings last year to serve as the crown jewel of the group, they said. (Yonhap)SK Materials said it reported 461.4 billion won ($407.2 million) in sales and 154.1 billion won in oper