SK Telecom announced that its Board of Directors held a meeting on May 8th and resolved to acquire 100 percent stake (worth KRW 1.276 trillion) in ADT Caps with Macquarie.
SK Telecom will invest KRW 702 billion to acquire 55 percent stake and management rights in ADT Caps while Macquarie will invest KRW 574 billion to purchase 45 percent stake in the company.
The SK Telecom-Macquarie co...