Daily BriefsSouth Korea

Daily Brief South Korea: SK Square and more

In today’s briefing:

  • SK Square: Two Remaining Credible Options for 11 Street


SK Square: Two Remaining Credible Options for 11 Street

By Douglas Kim

  • We discuss the two remaining options for 11 Street post the cancellation of its sale to Qoo10 Pte.
  • As these strategic sale of 11 Street to Qoo10 Pte. has failed, the possibility of a forced sale of 11 Street by the financial investors has increased.
  • The higher probability event is for the Nile Holdings consortium to try to sell 11 Street to other financial investors.

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