Affirma Capital divests interest in S Korea’s EMC Holdings for $841m

Affirma Capital divests interest in S Korea’s EMC Holdings for $841m

photo by Ivan Bandura on Unsplash

Affirma Capital, the Singapore-headquartered private equity firm, has agreed to divest its 100 per cent stake in waste management firm EMC Holdings to South Korea’s SK Engineering & Construction (SK E&C) for an enterprise value in excess of 1 trillion won ($841 million).