TITLE

Battle Royale For Korean Energy King

AUTHOR(S)
O'Leary, Christopher
PUB. DATE
November 2004
SOURCE
High Yield Report;11/8/2004, Vol. 15 Issue 43, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the pitched battle of SK Corp., the largest oil refiner in South Korea as well as a regular participant in the international high yield bond markets and a holder of bank debt, with some of its foreign shareholders. Role of Sovereign in SK's battle with its foreign shareholders; Proposal of Sovereign Asset Management, an investment firm whose subsidiaries own stake in SK for new regulations to redress SK's attitude toward executive corruption; Impact of the proposed regulation on SK's chairman, Chey Tae-won.
ACCESSION #
14978486

 

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