Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  2. 2

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  3. 3

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
  4. 4

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  5. 5

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  1. 6

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
  2. 7

    K-pop fandoms wield growing influence over industry decisions

    K-pop fandoms wield growing influence over industry decisions
  3. 8

    [Graphic News] International marriages on rise in Korea

    [Graphic News] International marriages on rise in Korea
  4. 9

    Korea's auto industry braces for Trump’s massive tariffs in Mexico

    Korea's auto industry braces for Trump’s massive tariffs in Mexico
  5. 10

    Seoul's first snowfall could hit hard, warns weather agency

    Seoul's first snowfall could hit hard, warns weather agency
피터빈트

Local private equity investment firm chosen as preferred bidder for SK Encar

By Yonhap

Published : Nov. 1, 2017 - 20:43

    • Link copied

Hahn & Company, a local private equity investment firm, was selected as the preferred bidder for the offline division of SK Encar, a major secondhand car seller, sources said Wednesday.


Hahn & Company is known to have proposed purchasing it for around 200 billion won ($179 million), according to the sources.

SK Holdings has reportedly decided to sell the offline division as it was designated in 2013 as a business suitable for small and medium-sized companies.

SK Encar has 26 regional trading offices across the country through which it sold 68,000 used cars last year. (Yonhap)

More from Headlines