Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
Hahn & Company finally completed the merger and acquisition deal to buy SK Group’s industrial film business under its SKC affiliate. The South Korean private equity firm is investing $1.2 billion in the deal.
According to The Korea Herald, this is the largest M&A to close in the country this year, and it was completed amid global economic turmoil. Hahn & Co. said it sees SKC’s industrial film division as having big potential because its products are widely used in semiconductor, mobile, and display productions as technologies advance.
The PEF firm also noted that in 2021, SKC’s industrial film unit alone raked in KRW1.2 trillion in profits and became the largest player in South Korea, and placed fourth on the international stage. In any case, it was in June this year when Hahn & Co. inked an agreement with SK Group for the purchase of a 100% stake in the said business unit of SKC company.
The deal with SK Group is Hahn & Company’s fourth acquisition in the country since the COVID-19 pandemic started two years ago. While there is the possibility of recession due to rising inflation and overall economic instability, the company said it will still continue to seek new growth drivers and boasts it was able to retain its No. 1 position in the market. The PEF firm has already spent some $27 billion on its acquisitions since its establishment.
“This transaction represents an important milestone in what has been highly volatile M&A markets globally and within Korea,” Hahn Sang Won, Hahn & Co.’s chief executive officer, said in a statement. “We are excited to further expand SKC’s industrial film business globally and catapult the business to the next level of technological excellence and competitiveness.”
Meanwhile, The Korea Times reported that based on the company’s broad investment portfolio in the local manufacturing businesses, it is expected to make attempts to raise its acquired SKC industrial film business’ corporate values and competitiveness. From here, Hahn & Co. will keep building up its successful track record of buying and transforming local businesses in the country.
