SK Corp vs Sovereign: the enemy within
The war between SK Corp, one of Korea's largest and most powerful chaebols, and its largest minority shareholder, the Dubai-based asset management firm Sovereign, will continue even after the chaebol's annual general meeting this month, which will vote on whether criminally convicted chairman Chey Tae-won should step down. Asiamoney spoke to the protagonists—SK Corp's CFO, Sang Hoon Choi, in his first ever media interview, and Sovereign's CEO, James Fitter—about their strategies in Asia's most bitter corporate governance battle. Keri Geiger reports.
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