PE firm EQT finalising deal for SK Group’s security services unit

PE firm EQT finalising deal for SK Group’s security services unit

Photo: Unsplash

Stockholm-based private equity major EQT is set to announce the acquisition of a majority stake in South Korean integrated security services company SK Shieldus, according to media reports.

SK Shieldus is a subsidiary of SK Group, the second-largest conglomerate in South Korea after Samsung Group. The group’s businesses span petroleum refining, telecommunications, construction, wholesale and retail, semiconductors, and logistics. 

Edited by: Joymitra Rai

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