SK eternix was strong in early trading on the 13th. Buying is seen as flocking on news it will be sold to private equity firm Kohlberg Kravis Roberts (KKR).
As of 9:47 a.m. that day, SK eternix was trading at 28,250 won, up 5,100 won (22.03%) from the previous session.
After the regular session closed the previous day, SK eternix disclosed, "After confirming with SK discovery, the largest shareholder, we received a response that KKR was selected as the preferred negotiating partner on the 12th and was notified for the equity sale at that time."
SK eternix was spun off from SK D&D in Mar. 2024. It is engaged in renewable energy businesses including solar power, wind power, energy storage systems (ESS), and fuel cells. As SK Group moves to restructure businesses at the group level, this sale is seen as part of that effort.