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Chemicals sector slump hits SK Capital

privateequitywire

3 months ago

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SK Capital is facing sustained pressure across its portfolio, as a prolonged downturn in the global chemicals industry drives multiple restructurings, defaults, and strategic repositioning across its holdings, according to a report by Bloomberg.
The $10bn firm, which specialises in chemicals, has seen several of its portfolio companies fall into financial distress in recent years, including the Swiss textile and paper chemicals group Archroma, which recently secured a last-minute extension on ro...

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