SK Group Weighs Trillion-Won Stake in Westinghouse

SK Group is reviewing participation in South Korea's government-led acquisition of a 5–10% stake in U.S. nuclear firm Westinghouse. Under the Korea-U.S. framework, Seoul secured a 10% discount to the IPO price, with a 10% stake estimated at $2.7 billion. The investment could be made via SK hynix's AI Company subsidiary.

• Korean government targets a 5–10% voting stake in Westinghouse
• Korea secured a 10% discount to the IPO price under the U.S. framework
• Westinghouse valuation at IPO seen up to $30 billion; 10% costs about $2.7 billion
• Seven to eight Korean firms, including Doosan and Hyundai E&C, are reviewing participation