SK chairman accepts 700 bln won divorce settlement; top court to rule on remainder

SK Group Chairman Chey Tae-won will accept a 700 billion won divorce settlement, with the remaining dispute to be decided by South Korea's top court. The case, involving the largest divorce settlement in South Korean history, could affect Chey's control over SK Group, a major conglomerate. The final ruling may have implications for corporate governance and asset distribution in South Korea.