(Bloomberg) -- A South Korean billionaire’s record divorce settlement is fueling a counterintuitive rally in his firm’s stock, with speculators betting he’ll...
-- A South Korean billionaire’s record divorce settlement is fueling a counterintuitive rally in his firm’s stock, with speculators betting he’ll take steps to boost its value to pay his estranged wife.SK Inc., the holding company behind South Korea’s second-biggest conglomerate, surged the most since January on Thursday after a court ordered its chairman to pay the country’s biggest known divorce settlement .The Seoul High Court told Chey Tae-won to pay 1.
In an interview with the Law Times weeks later, Roh said she didn’t expect the initial ruling would value her input during the 34-year marriage at less than 1.2% of Chey’s nearly 5 trillion won worth of assets. Tessa Virtue is pregnant! Olympic ice dancer and NHL star Morgan Rielly are expecting their first baby: 'So happy for you!'Ben Affleck, Jennifer Lopez might not be able to save their marriage, friends say
People Are Revealing The Heartbreaking Things They Found Out After Their Parents Decided To Break Up For Good
SK Group Divorce Settlement Roh Soh-Yeong Roh Tae-Woo Roh Jongwon SK Hynix Inc.
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