Mergers & Acquisitions ·
On June 29, 2026, SK Telecom Co., Ltd. approved the acquisition of 642 shares in its affiliate, SK hynix NAND Product…
SKMSK Telecom Co Ltd
On June 29, 2026, SK Telecom Co., Ltd. approved the acquisition of 642 shares in its affiliate, SK hynix NAND Product Solutions Corp. (SKHNPS), for an aggregate value of 397,129,047,957 Won. The transaction, scheduled for July 23, 2026, is intended to create synergies with the company's artificial intelligence business. The acquisition cost represents 3.07% of the company's total shareholders' equity as of December 31, 2025, and 1.32% of its total assets. Following the purchase, the company will hold a 0.62% shareholding ratio in SKHNPS. SK Telecom is a telecommunications company providing various wireless and digital services.