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SK sells stake in security service arm to Wallenberg for 864.6 billion won

SK Square, the investment arm of SK Telecom, sold a portion of its stake and management rights in SK Shieldus, Korea s second-largest security service provider, to EQT Partners, a private equity fund (PEF) operated by Sweden s largest conglomerate, the Wallenberg Group, for 864.6 billion won, the Korean company said Wednesday.

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