SKorea's SK Innovation and SK E&S to pursue merger

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 92%

Skorea's Nachrichten

SK,Innovation,And

Shares in SK Innovation rose more than 10 percent on Thursday morning.

SEOUL ― South Korea's SK Innovation, parent of the country's largest oil refiner and battery maker SK On, is expected to pursue a merger with energy affiliate SK E&S, resulting in a 106 trillion won asset company, a South Korean newspaper reported on Thursday.

The merger, which company executives are expected to decide on in late June pending shareholder approval, is partly to shore up loss-making battery maker SK On by combining with a profitable company that has a stronger balance sheet, newspaper Chosun Ilbo reported, citing unnamed industry sources.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen