(Reuters) – Investment firm KKR & Co Inc said on Friday it has bought 2.4 trillion won ($2.03 billion) worth of newly issued redeemable convertible preferred shares of South Korean energy company SK E&S Co Ltd.
SK Group conglomerate member SK E&S will use the funding to accelerate its growth, KKR said, adding that the investment was made from its Asia Pacific infrastructure fund.
($1 = 1,184.5000 won)
(Reporting by Bhargav Acharya in Bengaluru; Editing by Shounak Dasgupta)
