ֱ ȸ ȭ ȸ ȯ ó ֻ ȯ ̷ ִµ, 豸 , ٽɿ ȭ, ȯ ؼ Ʈ 忡 Ǹ鼭 ְ ̰߰ ϰ ִ. ȸ ȯĺ ַ зǸ ֻ ȯ ǥص ְ ϵ ְ, ֻ ȯ Ұ ӿ ұϰ ֻ ְ ϵ ִ. 忡 ȸ ȯ ڰ ˾ ߴµ .
ڿ ݵ ֵ, ڵ ֱ ȸ dz ڿ ִ ľϱ ؾ ̴. к ڸ 豸 ȭ ȭϷ Ҽ ϱ ʵ ذ谡 ¾ƶ ǥϰ ʹ. ̷ ο ذ谡 ¾ƶ ü յǾ ټ ǰ ִµ, ߿ ǰȭ, ̿ شȭǰ յǾ Ÿ ϴ ݸ鿡 Ҿֳ Ϲڵ ̵ ս ִٴ ̴.
ۿ 豸 , ٽɿ ȭ, ȯ ؼ ̿ܿ ֻ ȯ ġ ذ ̴ Ѵ. ֻ ȯ ְ 纸 ֱ մ ʵ ֻ ȯ ϴ δ ̿ ں Ͽ εǴ ȭ ϰ ִ ̴. ڵ ֻ ڿ ־ ̿ Ȯ νϰ ڿ ؾ ̴.
ΰ ȸ չ Ͽ ǰȭ ȸ ̿ϰ ִ. ̸ Ȱ ̶ ǥϰ ٽɿ̴.
1. ڻ
簡 θ ؼ ̸ غس ʿϴ. ù° и ¿ϴ ٽɵ ٷ ڻ̴.
SK 2007 4 11 ȸ ȯ ǥϿ ¦ Ͽ. ̿ SK ֻ ȯ ó ּ 6 ۳ 10 غǾ ȴ. ֳϸ 2006 10 SK ü ֽ 10% 1,300 ڻָ ϰڴٰ ǥ߱ ̴. ڶ ̹ Ҿ ߴ. ְ Ͽ Աݾ 9,000 Ǿ ̴ SK 1 Ϳ شϴ ݾ̾. õ μ ȭ ڱ 2005 4,400£ óߴ Ѵٸ, ְġ ڻ 1,300ָ ٴ ൿ̾. ൿ ̸鿡 ڻ Ϸ ֻ ȯ̶ ū ־ ̴.
ٸ ֻ ȯ ־ ڻְ ʿ ϱ. ȸ ȯ ֿι ȴ. ֿι иϿ űԻȸ Ű ι ȸ ȸ ְ ȴ. (Spin off) (Split off) Ǵ ȸ ֵ ż ֽ ̴.
, Aȸ ҷ ȸ żȸ Aȸ ִ ִ ŭ ȸ żȸ Ǵ ̴. Aȸ簡 ڻָ ִ , ڻֶ ǹ̴ ȸ簡 ڱ ֽ ִٴ ǹ̹Ƿ Aȸ ڻ ٷ Aȸ ڽ Ǵ ̴. Aȸ簡 ڻ, ڱ ֽ 5% ִ , Ǹ Aȸ ȸ Aȸ翡 ڻָ 5% ϰ ְ, ٸ ֵ żȸ Bȸ ֽĵ 5% ϰ Ǵ ̴.
̷ ڻַ ڻ Ͼ. ڻִ ڻ꿡 ȵǾ ִµ ҷ ȸ簡 Ǵ żȸ ȸ ڻ ǰ ȴ. żȸ翡 аġŭ ȸ ڻ þ ȿ Ÿ ȴ. ȸ A ںѰ + żȸ B ںѰ = A ںѰ Ǿ ε ڻ a% ִ 쿡 ȸ A ںѰ + żȸ B ںѰ = A ںѰ + Bȸ a% ġ Ǵ ̴.
ڻְ ִ ںѰ躸 ںѰ谡 ġϴ ƴ϶ żȸ翡 ڻ иŭ þ ȴ. ᱹ ȸ縦 ϴ ں ø ȿ ȴ. ̰ ٷ ڻָ ̿ ̴. ڻִ ǰ ֽ̾µ ȸ żȸ翡 ǰǵ Ȱϰ ȴ.
ٸ 뷮 ڻָ ϰ ִ , Ǵ Ұ ܷ̿ ڻָ ִ ȸ ȯ ǽغ ϴ. ǥ ڻ 14.24% ϰ ִ Z, ڻ 7.84% ϰ ִ ȭ, ڻ 30.73% ϰ ִ 뼺 ̴. ǽ ڻָ ̸, ƴϴ ȸ ڻָ Ե Ϳ ̿ ڸϴ.
2. ż ȭ
ֻ ȯ ù° ڻָ ̿ 캸Ҵ. ι° ε ٷ ż ȭ ̴. ι° ٽɵ ٷ ż̴.
ŷ ַ ȸ ȭ ϰ ִµ, ȸ ä 100% 200% ϰ, ȸ ǹ ȸ 30% 20% ȭϰ, ȸ 50% 40% ȭϿ. ȸ翡 ͱݺһ ϴ ԵǾ, ȸ ȸ簣 ü ϰ, ȸ 100% ȸ纸 Ͽ.
ȸ ȸ翡 ֽ ϷǾ ȸ ȸ żȸ ȸ и ȸ ֻ ߱ 2̶ Ⱓ ȴ. ֻ ȯ ȸ ʾƵ 2̶ Ⱓ Ѵٸ ֻ ȯ ϷǴ Ǻ ̴. Ϸ 2 ȸ ȯ ϱ ż ڸ õѴ.
̷ ȸ 20% ̻ ߱ Ǵ żε, ż ż ݻ Ǿ Ѵ. ż Ģ ż ϴ ְ Ǿִµ ƴ϶ ڸ ֽĽ 쿡 ΰ ƾ Ѵ. ̿ ΰ ȹϱ ذ ̻ȸ ϱ Ѵ ְ, 1 ְ, Ѵ. ż ֽİ ٲ ֹ ذ Ǵ Ͽ Ǵµ ΰ ֹ ǽŰ Ǵ Ͽ ̸ ݿ డ ż û 5ŷ ȴ.
̷ ֽĽ ִ ִ ȸ Ȯ ϰ Ǵµ, ̸ ؼ ۾ ʿϴ. װ ٷ ȸ ְ ȸ ְ ֽĽҽ Ͱŷȸ Ͽ Ϲ ߰ ְ ȹ ȸ شȭϴ ̴. ̸ ؼ ȸ ְ ִ ̰, ȸ ְ ִ ϴµ ̸ ȴ. شȭ پ õ ִµ, ұ ϱ ̶ ̴. ڵ ܱ ܱ ϰ ȸ縦 żϰ ȸ縦 ŵϴ Ͱŷ ν ֵ 幵ϰ µ ϰ ִٴ ̴. ̷ ȸ شȭ ̸鿡 ȸ ְ شȭ Ҿֵ ʴ ذ Ǵ ̴.
Ƿʷ SK 8 27 ȸ DZ SK ֽ 15.3% 1,400ֿ ִ 136,000 ż ϰڴٰ ǥϿ. ̹ 17.1% ϰ ֱ ŷ ȿ 2.9% żϸ ȸ Կ ұϰ 15.3% żϰڴٴ ٸ ִٴ ǹ̰, ŭ ȸ SKֽ ߰ ν SKֵ ְ ظ Ȱ ȴٴ ̴.
SK 8 27 ż õ պ ǥ, ̼ ⼱, ߱ ƽƮ ȸ ȫ ȣ Ͷ߸ ְ ۺξ.
10 2 SK 159,000 ż ذ ξ ʰϿ, SK డ 178,500 ʿ SK 1ִ SKֽ 0.7619ָ ް Ǵµ, 10 2 SK SK ְ 1: 0.793̶ ż ظ ȴ. 10 2 SK ֽ 100ָ ȸ SKֽ 79ָ ִµ ż ϰ Ǹ 76ֹۿ ް Ǵ ̴. ظ 鼭 ż ü ֹۿ δ. Ϲ 絵Ϳ 20% ǰŷ 0.5% ش Ŀ ̴.
̰ ٷ ż ̿ ȭ ν ִ ü ȸ Ϲֵ ȸ ÷ ü ȭų ְ ȴ.
ϳ ߰ ȸ ø鼭 ñ Ѵٴ ̴. Ưѹ ȸ Ưʷ ڽ ڻ絵Ϳ ̿, ֽľ絵Ϳ ̿, 漼 ϼ ִ. ֽ , 쿡 絵ҵ漼 μ ̿ ϴ.
ֵ ߰ ݳ ȸ չ ø ְ Ǵ ̴. ̷ þ ȭ ȸ ȸ ȸ ġ ְ ½Ŵν, õ ִ ۰ ǰ ư ӿ ־ ȸ ̶ ڼմ θ ų ְ ȴ.
Ͼ ִ ȸ ȯ ־ ̸, θ ȿ . ִ ̷ ġ Ѵٸ Ƿ ִµ δ ̸ ö , ϰ ִ . ϸ ΰ 豸 ȭ ڹ Ѵٴ 鵵 ʹ Ŀ ̴ ̴.
3. ʿ
(1) LG
LG 2003 4 ʷ ȸ LG Ű ൿ µ, ȸ Ư LG 6.3%, LGȭ 6.1% 30 ȸ縦 ϰ ־. ̷ 豸 ȯ ȯڱ ؼҸ ȸ ȯ LG ȸ ռ 2001 ȭкκ ȸ LGCI Ͽ, 2002 ںκ ȸ LGEI Ͽ.
ȸ ϰ LGCI 8.78%, LGEI 9.6% ϰ ־µ, 2001~2 ģ ż LGCI ϰ 36.62% Ͽ, LGEI ϰ 39.19% Ͽ. 2003 3 LGEI LGCI պϸ鼭 ȸ LG źϿµ, LG ȸ ϰ 42.79% þ 49.23% ̸ ִ.
(2) SK
SK ϰ ִ ڻ 17% 8,535 ȸ SK ڻ ߰Ǿ. , ڻԸ 19 6,016 SK 6 1,168 , SK 14 3,383 ҵǾ SK ߰ SK 17% аġ 8,535 ָ ġϰ ȴ. ڻ Ȱ Ҹ 8,535 ڻ Ͽ.
, ȸ SK ¿ ȸ 0.96% ҰϿ. ȸ 45% ִ SK C&C SK 11.2% ־ ϰ ִ Ư 12.02% ۿ ȵ M&A Ǿ ־. 2003 15% Ȯ ҹ · 쿩 Դ.
ż ǵ Ϸȴٸ 12% 28% Ȯ ȴ. ڻִ ȿ 17% 14% پ Ǿ ֵ ڻ ؼ 42% Ȯϰ ν ֽ ϷḦ SK ȸ ȯ ȭ ¿ȸ SK ü . ¥ȸ ȸ Ű⸸ ϸ ȴ. SK SK 29% ǰ SK C&C ¿ ȸ 0% ̴.
(3)
13.7% ڻָ ϰ ־. 1 49 ںѰ ȸ 翡 6,487 , ȸ Ƹ۽ȿ 6,240 µ, Ƹ۽ 13.7% аġ 2,678︸ŭ ڻ Ͽ. Ҹ ڻ 27% 2,678 ڻ ȿ Ÿ ̴.
25.39%µ 51.37% Ͽ. ֳϸ ȸ ȸ Ƹ۽ 26.6% żϿµ, ż ְ ż Ϲڰ ̴. ݸ鿡 Ϲ ֵ .
ֽĽ ̿Ͽµ, ̿Ͽ ڽ Ƹ۽ 켱 19.08% 翡 Ͽ, Ƹ۽ 켱 ż 켱 26.48% Ͽ 켱 ִַ Ͽ.
(4) Ȧ
2007 5 1 ũ ȸ Ȧ ȸ ũ 0.26 : 0.74 ҵǾ. ũ ڻְ 28,313ֿ Ұ ҷ ڻ ȿ ̹ߴ.
쿡 ȸ Ư 38.03% ߴµ Ȧ ڿ ֽ 40.8%, ũ ֽ 48% ż ֽĽ Ͽ. ũ, ڿ̿ Ȧ , 絵ҵ漼 ܰŷ Ϲֵ ż Ȳ̸, ȸ常 ڽ ֽ ڿ 27.19% ũ 31.87% ż ֽĽ ȸ Ȧ 80% Ѿ .
ż ڿ ȫر ͽ , ؿ ȭü , ó ͽ ϸ ְξ 巯 Ͽ.
ݱ ֻ ȯ ü ֻ ȯ ȭ , ʵ鿡 캸Ҵ. ֻ ȯ ֵ ̷ġ Ƿ õ ִٴ ̴. 鿡 ֱ ڹ ֻ ȯð , Z, , ȭ ֻ ȯ ϰ ִ 鵵 ÿ .
ȣ ӿ 豸 ȭ ̸Ͽ Ͱŷ Ҿֵ Ȯ ȭ ø ʵ 鼭 ȴ. ᱹ 忡 ֿ ൿ ϸ ϴٰ , ż ϴ Ǯ ȸ ֽ Ȱ ȸ ֺ Ÿ ո . ٸ ȸ ֽ ϶ϰ ȸ ְ ö ż Ͱŷ ȸ Ǿ Ȯȹ ɼ ̴. ִ ȸ ȸ и DZ ü ȸ ȸ ø ڸϱ ̴.
մϴ.
дٰ 2 ñѰ ־ 帳ϴ.
1.絵ҵ漼 Ͽ
"Ϲ 絵Ϳ 20% ǰŷ 0.5% ش Ŀ ̴."
Ϲڰ Ͽ ߿ SKֽ SK 100ָ ؼ SKֹడ 178,500 SKֽ76 Ҵٸ ߿ SKֽ ֹడ 忡 ŵ SKֹడװ SKŵ 絵Ϳ 20% 絵ҵ漼 Ѵٴ ?
ƴϸ SK SK żݰ 絵Ϳ Ͽ 絵ҵ漼 Ѵٴ ñϳ?
2. ż
ż " ̻ȸ ϱ Ѵ ְ, 1 ְ, Ѵ" ϼ̴µ...
˰ ִ κа ٸ...
ż ż ̻ȸ Ͽ 1 ŷ, 1 ŷ , ֱ ϵ, ֱ 쿡 ֱ Ѵٰ ´ ƴѰ.
sk żŰ V. żⰣݤ ż ִ... ´ ?
Ϳ° ְԴϴ
ΰΰ о мغ߰ڽϴ
մϴ
ε (?) Ǹ ٵ սŰ Ⱦ½Ű
ϱ
ȸٰȰ ȸٰȰ ٽ ȸ շ~Ϲ Ǵ° ?
ڱݾ ũ ε鿡Դ ż ɼ ϴ. ־ϸ 絵 ⺻ݾ 250̱ ż ص 絵 Ȯ ϴ.
߿Ȧ żϱ Ͽ 20% ߿Ȧ ż߰ 80% ߿ ż߽ϴ. ߿Ȧ żѴٴ Ͽ ߿ ִ. ֺٵ, ߿ ϰ ȾƼ żϸ Ǵϱ. ߿Ȧ Ȧ żϸ ǰ.
ٽ ڱԸ οԴ ż ī尡 ־ ϰ ȸ縦 Ȯ ִٰ ˴ϴ.
ż ° ǰ??
߿ ȭ غ ٵ