SK Group is considering selling its minority holding in Cenviro Sdn. in a deal that could value the Malaysian waste management company at about US$300mil, according to people with knowledge of the matter.
The South Korean conglomerate is working with a financial adviser on a potential sale of its 30% stake, the people said, asking not to be identified because the process is private. SK has been in touch with prospective investors, including industry peers and private equity firms, two of the people said.
