AcquisitionsJul 23, 2026, 07:21 AM
SK Telecom to Acquire SK Hyper for 750B Won to Boost AI Data Centers
AI Summary
SK Telecom Co., Ltd. announced its board of directors approved the establishment of, and capital contribution to, a new subsidiary named SK Hyper Co., Ltd. The company will acquire 100% of SK Hyper for an aggregate value of 750 billion Won to strengthen its artificial intelligence (AI) data center business. An initial 330 billion Won is expected to be contributed in July 2026, with the remaining 420 billion Won contributed subsequently.
Key Highlights
- SK Telecom to acquire 100% of SK Hyper Co., Ltd.
- Aggregate acquisition value is 750,000,000,000 Won.
- Initial capital contribution of 330 billion Won expected in July 2026.
- Remaining 420 billion Won to be contributed subsequently.
- Acquisition value represents 5.79% of SK Telecom's total shareholders' equity.
- Acquisition value represents 2.49% of SK Telecom's total assets.
- Scheduled acquisition date (last remittance) is December 31, 2030.
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