SK eyes $1bn gains from China copper foil firm exit

SK eyes $1bn gains from China copper foil firm exit

The estimated value of the Chinese company has more than tripled since SK’s stake purchase. SK Inc. has embarked on the process to sell its 30% stake in Londian Wason Energy Tech, the owner of the world’s largest copper foil maker, in a deal expected to generate...
Focus Closes on $7bn Sale to CD&R in Take-Private Deal

Focus Closes on $7bn Sale to CD&R in Take-Private Deal

Two private equity players take Focus private in an all-cash deal; the firm’s stock has ceased trading on the NASDAQ. Focus Financial Partners said Thursday it has closed on the sale of the company to private equity firms Clayton, Dubilier and Rice and Stone Point...